Kevin Durant Is Hurting Under Armour’s Stock

Shares of Under Armour uaa sank more than 3% on Tuesday, a day after National Basketball Association star Kevin Durant said young players do not like the company's shoes. Durant signed a new shoe deal with Nike in 2014, spurning a deal from Under Armour that reportedly was worth as much as $285 million over 10 years. Warriors teammate Stephen Curry has a multimillion dollar contract with Under Armour that includes an equity stake.