Shoppers pass an Under Armour store in White Plains, New York.
Scott Mlyn | CNBC
Check out the companies making headlines in midday trading.
Under Armour — Under Armour’s stock plunged 19% after missing revenue estimates for the fourth quarter. The sports apparel company reported adjusted earnings of 10 cents per share, in line with estimates, but its $1.441 billion of revenue was below the $1.465 billion expected by analysts, according to Refinitiv. Under Armour also said it expected its sales to take a hit due to the coronavirus outbreak and that it is considering possible restructuring this year.