By  on November 21, 2017

Under Armour’s unofficial restructuring has claimed another executive and Wall Street isn’t exactly taking it in stride.

Shares of the athleticwear company fell 5.8 percent in after-hours trading to $11.36, a fresh low, after Under Armour said it’s parting ways with Peter Ruppe, its senior vice president of footwear. The move comes about three weeks after WWD reported that Ben Pruess, president of sports fashion, is leaving the brand.

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