Why Under Armour, Hanesbrands, and Capri Holdings Jumped Today

Why Under Armour, Hanesbrands, and Capri Holdings Jumped Today

Shares of Under Armour (NYSE: UAA) (NYSE: UAA), Hanesbrands (NYSE: HBI), and Capri Holdings (NYSE: CPRI) were among the big winners Tuesday as the broad market rallied on economic reopenings continuing and signs that more companies were entering the vaccine race. Apparel retailers have been hit hard by the COVID-19 pandemic as they were forced to close stores, being non-essential retailers.