
BUZZ-Under Armour jumps as Fairfax Financial acquires 22% stake

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Shares of sportswear maker Under Armourjump 2.2% at $5.54 premarketFairfax Financial discloses sizable stake as it holds ~42 mln UAA shares, or 22% of total, as of December 30Move comes as UAA seeks rebound after challenging year, marked by split with NBA star Stephen Curry and a 40% stock slump amid revenue declineUAA stock down 35.1% over the past year
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