## How to Invest in Under Armour Stock
Under Armour is a leading global sports brand that designs, markets, and distributes footwear, apparel, and accessories. The company was founded in 1996 by Kevin Plank, a former University of Maryland football player. Under Armour has since become one of the most recognizable brands in the world, and its stock is traded on the New York Stock Exchange under the ticker symbol UAA.
If you’re interested in investing in Under Armour stock, there are a few things you should know.
### How to Buy Under Armour Stock
The easiest way to buy Under Armour stock is through a stockbroker. A stockbroker is a licensed professional who can help you buy and sell stocks. You can find a stockbroker online or through your local bank or credit union.
Once you’ve chosen a stockbroker, you’ll need to open an account. Once your account is open, you can deposit money into it and start buying stocks.
To buy Under Armour stock, you’ll need to specify the ticker symbol (UAA) and the number of shares you want to buy. You can also specify the type of order you want to place. There are two main types of orders: market orders and limit orders.
A market order is an order to buy or sell a stock at the current market price. A limit order is an order to buy or sell a stock at a specific price.
If you place a market order, your order will be executed immediately at the current market price. If you place a limit order, your order will only be executed if the stock price reaches your specified price.
### How Much Does Under Armour Stock Cost?
The price of Under Armour stock varies depending on the day and time of day. As of March 8, 2023, the stock was trading at $22.66 per share.
### Is Under Armour Stock a Good Investment?
Whether or not Under Armour stock is a good investment depends on your individual investment goals and risk tolerance. However, there are a few factors that you should consider before investing in Under Armour stock.
* **The company’s financial performance.** Under Armour has been reporting strong financial results in recent years. The company’s revenue has grown steadily, and its profits have increased.
* **The company’s competitive landscape.** Under Armour competes with a number of other major sportswear brands, including Nike, Adidas, and Puma. The company faces competition from both traditional retailers and online retailers.
* **The company’s management team.** Under Armour is led by a strong management team with a proven track record of success. The company’s CEO, Patrik Frisk, has been with the company since 2010.
### Risks of Investing in Under Armour Stock
There are a few risks that you should be aware of before investing in Under Armour stock.
* **The company’s dependence on the retail sector.** Under Armour is heavily dependent on the retail sector for its sales. If the retail sector experiences a downturn, Under Armour’s sales could decline.
* **The company’s reliance on the athletic apparel market.** Under Armour is primarily an athletic apparel company. If the athletic apparel market slows down, Under Armour’s sales could decline.
* **The company’s exposure to foreign currency risk.** Under Armour operates in a number of countries around the world. The company is exposed to foreign currency risk, which could impact its financial results.
### Conclusion
Under Armour is a leading global sports brand with a strong financial performance and a proven track record of success. However, there are a few risks that you should be aware of before investing in Under Armour stock. If you’re considering investing in Under Armour stock, you should do your own research and consult with a financial advisor.
## Additional Resources
* [Under Armour website](https://www.underarmour.com/)
* [Under Armour stock quote](https://finance.yahoo.com/quote/UAA/)
* [Under Armour financial statements](https://investor.underarmour.com/financial-reports/)