It's a wrap for Under Armour!

hashmander

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They really destroyed this guy over this comment and didn't even report the whole thing. Full comment below. Republicans are generally pro business so what's he's saying is actually in line with most CEOs and businesses. They only promote that social awareness shyt to Please customers but 99% are all about profit. I think trump sucks but UA CEO had a point. It's easier to just dismiss him tho

"To have such a pro-business president is something that is a real asset for the country," Plank said. "People can really grab that opportunity."

He was responding to a question from CNBC anchor Scott Wapner about the CEO's involvement in Trump's Manufacturing Jobs Initiative.

http://www.businessinsider.com/under-armour-ceo-praises-trump-2017-2
but that whole republican president thing is nonsense anyway. UA is a publicly traded company, historically the stock market has done better under democratic presidents than it has under republicans.
 

GoddamnyamanProf

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How was under amour cool in the first place? I rarely see anyone with them on in public. :mindblown:
They had a brief moment when the Warriors hype train was full steam ahead, plenty of people were pushing for Steph to be the new face of basketball and Under Armour to replace Nike. Then them ugly ass shoes came out and got turned into internet jokes, Cavs beat the Warriors, Bron emasculated Steph, etc. Warrior hype train recovered by signing KD, but he's Nike too so that recovery didn't assist UA, actually damaged em a little further to be honest.

So their stock was already falling before, then the dummy made the Trump comments and made it worse.
 

Jparker

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:mjpls:

Being socially and politically tone deaf has its drawbacks, especially when you're an incoherent oaf playing QB in the NFL but are more interested in being an All Lives Matter advocate and wanna be runway model in post game interviews
f43f58e225a9f047dd1853ad17d17c47.jpg
 
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but that whole republican president thing is nonsense anyway. UA is a publicly traded company, historically the stock market has done better under democratic presidents than it has under republicans.

Not really nonsense at all. It's more than just stock market. Republicans are generally more in favor of deregulation which businesses and industries love (i.e., Wall Street, oil and gas, manufacturing, trade etc.).

The housing/stock market crisis happened under Bush and republicans because of massive deregulation. Wall St made a killing tho.
 

USSInsiders

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Who gives a fukk. The CEO is entitled to his opinion. To say the CEO be favorable to Trump is the sole factor as to why they're not on the up-and-up at the same level they were is just nonsense. Fact is Nike put a hit out on Under Armour after 2014 with the Durant move to capitalize on the popularity of the Warriors upsurge and they had a nice little run, and then the price corrected.

I still called UA breaking the $100 mark when I invested back then around 70-something so if people didn't sell back then, fukk'em.

Most of the consumers buying these sneakers are so politically unaware in the first place.

"Millennials and Generation Z want brands and retailers to be transparent about their stands on social issues" :mjlol: at this fukking statement, and of course a shyt leftist rag like CNBC put this out there.

So Phil Knight and his globalist brand who used third-worlders who are few steps above slaves to make their stuff makes them better because they kept their mouth shut politically?

Spare me this sanctimonious fakkitry and give me breathable athletic shirts that are cheap and comfortable
 

Pressure

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Who gives a fukk. The CEO is entitled to his opinion. To say the CEO be favorable to Trump is the sole factor as to why they're not on the up-and-up at the same level they were is just nonsense. Fact is Nike put a hit out on Under Armour after 2014 with the Durant move to capitalize on the popularity of the Warriors upsurge and they had a nice little run, and then the price corrected.

I still called UA breaking the $100 mark when I invested back then around 70-something so if people didn't sell back then, fukk'em.

Most of the consumers buying these sneakers are so politically unaware in the first place.

"Millennials and Generation Z want brands and retailers to be transparent about their stands on social issues" :mjlol: at this fukking statement, and of course a shyt leftist rag like CNBC put this out there.

So Phil Knight and his globalist brand who used third-worlders who are few steps above slaves to make their stuff makes them better because they kept their mouth shut politically?

Spare me this sanctimonious fakkitry and give me breathable athletic shirts that are cheap and comfortable
:cape:
 
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