Under Armour’s IPO price per share in 2005 was $13.
Under Armour went public on November 18, 2005, in an initial public offering of Class A common stock. The offering price was $13 per share, giving investors a public-market entry point for the rapidly expanding Baltimore sportswear company.
The IPO was notable because the stock rose sharply on its first trading day, closing near twice the offering price. That early surge reflected strong investor enthusiasm for Under Armour’s growth in performance apparel and its challenge to larger athletic brands.
The $13 figure is the IPO offering price, not the stock’s later market value. It is also different from the first-day trading price, which moved substantially higher after shares began changing hands. Answers such as $10, $15, or $20 therefore confuse the offering price with rounded estimates or subsequent trading levels.