UA investor day

Listened to the UA investor day today. I know the general consensus here is that the company is way overvalued, but the presentations were very impressive. Still doesn’t feel crazy overpriced to me.

http://investor.underarmour.com/events.cfm

One notable point was the increase in wearable technology and connected IoT devices for measuring fitness and biomarkers in real time. Even if you don’t like UA, good for SWKS and other IoT plays.

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Also Stephan Curry extends his contract for 7 years, thru 2024. Essentially the rest of his career.

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