Under Armour Accounting Issues

Under Armour Shares Plunge

Under Armour's accounting practices are under investigation in the United States, heaping pressure on the struggling company as it seeks to reverse years of lackluster sales. The sportswear maker acknowledged in a statement Sunday that it faces probes from the US Department of Justice and the US Securities and Exchange Commission...

By | November, 5, 2019|Categories: Articles, Featured|Tags: , , , , , |0 Comments

Netflix Spikes on Earnings

Netflix Shares Jump

Netflix Inc. missed its subscriber-growth target for the second consecutive quarter, raising questions about the streaming-video giant’s ability to fend off competition from traditional media companies who are entering the market with rival services.

The company’s shares rose 8.5% in after-hours trading Wednesday as Netflix’s U.S. subscriber base did grow in the third quarter...

By | October, 17, 2019|Categories: Articles, Featured|Tags: , , , |0 Comments