Under Armour Sales Surge 47% Outside North America

The transcript discusses the premarket performance of a company's stock, highlighting a sales beat and negative sentiment leading to a short squeeze. Despite positive sales, the stock remains overvalued. The discussion shifts to industry concerns, particularly in the sportswear sector, with Under Armour facing specific challenges. The activewear market is saturated, with brands like Nike and Adidas gaining market share at Under Armour's expense.

In what ways has negative sentiment affected Under Armour's stock performance?

What are the implications of the guidance provided by the company on its future performance?