Under Armour shares fall over 2% in after-hours trade on Thursday, 150 million MyFitnessPal accounts said to have been compromised

Shares of Under Armour Inc (UAA) retreated more than 2% in after-hours trade on Thursday following an announcement by the company that 150 million accounts related with MyFitnessPal diet and fitness app had been compromised in February.

Under Armour shares rebounded during the trading session in New York on Thursday. The stock edged up 0.12% ($0.02) to $16.35, with the intraday high and the intraday low being at $16.74 and $16.34 respectively. However, the stock plummeted 2.14% to $16.00 in after-hours trade.

In the week ended on April 1st the shares of the athletic apparel manufacturer added 3.61% to their market value compared to a week ago, which marked the first gain out of three weeks. It has also been the best performance since the week ended on February 18th.

The stock retreated 1.39% in March, which marked the second drop out of five months. That compares with a 2.69% drop in the underlying index, S&P 500 (SPX).

For the entire past year, the shares of Under Armour Inc plunged 50.33% following another 30.24% slump in 2016.

According to the NYSE-listed company, the compromised data encompasses email addresses, scrambled passwords as well as user names for the MyFitnessPal website and mobile app.

On the other hand, payment card data, driver license numbers and social security numbers all remained intact, the athletic apparel maker said.

In a notification on its website, Under Armour said that all users of the MyFitnessPal app would need to modify their passwords as soon as possible.

The company also said it was collaborating with data security firms and law enforcement. However, no details were disclosed about how its network had been breached by hackers or how the data had been extracted with impunity.

MyFitnessPal was acquired by Under Armour back in 2015 in a deal valued at $475 million.

Daily and Weekly Pivot Levels

With the help of the Camarilla calculation method, todays levels of importance for Under Armours stock are presented as follows:

R1 – $16.39
R2 – $16.42
R3 (Range Resistance – Sell) – $16.46
R4 (Long Breakout) – $16.57
R5 (Breakout Target 1) – $16.70
R6 (Breakout Target 2) – $16.75

S1 – $16.31
S2 – $16.28
S3 (Range Support – Buy) – $16.24
S4 (Short Breakout) – $16.13
S5 (Breakout Target 1) – $16.00
S6 (Breakout Target 2) – $15.95

By using the traditional method of calculation, the weekly levels of importance for Under Armour Inc (UAA) are presented as follows:

Central Pivot Point – $16.29
R1 – $16.92
R2 – $17.48
R3 – $18.11
R4 – $18.73

S1 – $15.73
S2 – $15.10
S3 – $14.54
S4 – $13.97