LULU Stock Recent News
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Randy Konik, Jefferies, joins 'Fast Money' to talk Lululemon losing out in a key market.
Big western fashion brands, including Lululemon Athletica Inc (NASDAQ:LULU) and French giants Louis Vuitton Moet Hennessy (EPA:MC) and Hermès International, are being targeted by Chinese manufacturers using TikTok to claim they can make much cheaper knockoffs using the same production lines. Videos on Tiktok claim to be selling $5 yoga leggins from Lululemon's own production lines, in one example.
Lululemon (LULU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
As new trade tariffs get rolled out by President Trump with the United States' main trading partners, some sectors of the stock market are going to get hit harder than others due to the very nature of where these tariffs are focused. Not only the countries that they are targeting but also the products, which are focused on agriculture, and also all the materials that affect prices and costs for the retail sector.
The latest trading day saw Lululemon (LULU) settling at $261.03, representing a +1.72% change from its previous close.
Investors interested in Textile - Apparel stocks are likely familiar with Gildan Activewear (GIL) and Lululemon (LULU). But which of these two companies is the best option for those looking for undervalued stocks?
We are in the fog of war of the stock market tariff tantrum. News -- sometimes contradicting itself -- seems to be coming every hour from the United States government, corporations, and foreign countries as they try to figure out how to respond to the Trump tariffs enacted last week.
Leading brands NIKE Inc. NKE and lululemon athletica inc. LULU continue to strive for dominance in the competitive sportswear and apparel market.
During the five years leading up to their all-time high in December 2023, shares of this well-known, consumer-facing enterprise were up an astonishing 321%. That gain easily crushed what the broader S&P 500 produced during the same time.
Lululemon stock price has imploded this year as Wall Street remains concerned about its growth trajectory and tariff risks. LULU has collapsed for three consecutive weeks and has moved to its lowest level since September 9.