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Shares of Under Armour (UAA) climbed after-hours following a 3.50% jump on Monday, one day before the struggling athletic apparel company is set to release its fourth-quarter earnings.

Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.One such stock that you may want to consider dropping is Under Armour, Inc.