After coming under fire last week for its Mach 39 speedskating suit potentially affecting the performance of U.S. speedskaters, Under Armour (NYSE:UAA) seems to have cleared its good name today, with the stock up 5% on the news. The suits were developed in participation with Lockheed Martin, and with new evidence coming to light that it may have been the training regimen that affected performance rather than the suits themselves, the U.S. Speedskating Association has renewed its contract with Under Armour. This was the news that the market responded to. In the lead story from Friday's Investor Beat, host Chris Hill and Motley Fool analyst Jason Moser look into Under Armour's speedskating suit incident, and examine the issue from both sides.
Feb 21, 2014 at 7:37PM
Full-time host of the Motley Fool Money radio show, MarketFoolery podcast, and other things. Part-time connoisseur of movies, basketball & fine bourbon.
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