Under Armour stock steadies near $5 as Fairfax boosts stake to 16.1%
Under Armour shares held near $5 in premarket indications on Wednesday after filings showed Fairfax Financial Holdings, led by investor V. Prem Watsa, increased its stake in the sportswear maker. Under Armour’s Class A shares last closed at $5.14, up about 7.5%, while its Class C shares ended at $4.93, up about 8.6%. UA Newsroom
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