Under Armour Reports $183 Million USD Loss in Q2 2020

Under Armour was one of the first companies to warn of weakening revenue in 2020 due to the coronavirus pandemic, but it couldn't have predicted the $590 million USD loss and 23 percent decline in Q1 2020. Q2 sees the company again suffering a loss but it beat expectations, reporting a total drop of $182 million USD.Considering that year-over-year share prices have nearly halved (47 percent, to be specific) since the year began, Under Armour is in a tough spot. Still, the company beat analyst ex...