Why Under Armour Shares Are Falling

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Under Armour Inc (NYSE: UA) shares are trading lower Thursday after the company announced a CEO transition. 

Patrik Frisk will step down as president, CEO and as a member of the board, effective June 1.

"It has been the greatest privilege of my career to serve Under Armour athletes, customers, shareholders, and teammates. I am extremely proud …

Full story available on Benzinga.com

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