Under Armour, Inc. (NYSE:UA) is on Jim Cramer’s radar as the sports apparel firm undergoes a turnaround. Cramer believes UA has potential but is not performing well at the moment. Steph Curry ended his 13-year partnership with UA, which Cramer sees as a positive move for the company.
Cramer suggests that Steph Curry leaving Under Armour (UA) could actually benefit the company financially, as Curry was an expensive sponsor. Cramer believes this move is not a bad thing for Under Armour.
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Read more at Yahoo Finance: Steph Curry Leaving Under Armour (UA) is Good, Says Jim Cramer
