U9R.DE Under Armour (XETRA) +12.28% Pre-Mkt 12 Feb 2026: volume signals upside

U9R.DE Under Armour (XETRA) +12.28% Pre-Mkt 12 Feb 2026: volume signals upside

The U9R.DE stock surged 12.28% pre-market on 12 Feb 2026, trading at €7.66 on XETRA as volume spiked to 5,776,210 shares. We see this move as a short-term liquidity-driven push, not yet a clear trend reversal. The jump follows a low open at €7.15 and leaves the stock below its year high of €10.85. This note gives a focused pre-market read on drivers, valuation, technicals, and our model forecast for U9R.DE stock

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