Part 6/9:
Companies that pursued rapid expansion often find themselves caught in a trap of overstretched resources and unprofitable ventures. Under Armour’s stock, which once traded above $50, has plummeted to below $5, reflecting investor discomfort and a lack of confidence in the company’s strategic direction.
The Power Dynamics: Nike and the Industry Dominance
As Under Armour continues to falter, industry giants like Nike are consolidating their dominance. Observers note that when Curry switched to wearing Nike sneakers at his first game post-divorce, it was more than just a wardrobe choice—it was a signal.