Under Armour Posts 31% Revenue Growth, Buys MyFitnessPal For $475 Million |
| February 05, 2015 | February 2015 Bond Updates |
|
Much like the athletes Under Armour serves, shares of the company's stock are gaining strength in Wednesday's after-hours trading session. The upward move is for good reason: not only did Under Armour post higher-than-expected top and bottom line fourth quarter results, but it also announced that it will acquire MyFitnessPal, the maker of a popular calorie-counting and fitness-tracking app. |
| View more at: http://www.forbes.com/sites/maggiemcgrath/2015/02/04/under-armour-posts-31-revenue-growth-buys-myfitnesspal-for-475-million/ |
| Related News |