Shares of Under Armour (NYSE: UA) (NYSE: UAA) were pulling back today in sympathy with a disappointing earnings report from Nike (NYSE: NKE). As of 11:56 a.m. ET, Under Armour shares were down 5.5%, while Nike stock was off 11.5%. Nike's fiscal first-quarter performance was actually in line with estimates, though its guidance for the upcoming holiday quarter seemed to spook investors.
Nike's quarter and outlook left much to be desired.
Plus other market news and why Casey's General Stores and McCormick are worth a look from investors.