LULU Stock Recent News
LULU LATEST HEADLINES
Lululemon stock plunged into a bear market as investors worried about the impact of a steep slowdown in 2024. LULU isn't priced at a discount. Therefore, the market's discontent over its weak guidance is justified. However, LULU's stock buying sentiment has improved over the last two weeks, suggesting the worst could be over.
Lululemon (LULU) closed the most recent trading day at $363.96, moving -0.2% from the previous trading session.
Barclays analyst Adrienne Yih downgraded athleisure maker Lululemon. Trend cycles for years to come don't look kind.
Summer is around the corner, meaning fashion stocks are well-aligned. Sure, the “sell in May, and go away” stock market anomaly is worth considering.
lululemon (LULU) is poised for significant expansion with its focus on three key growth drivers, product innovation, guest experience and market expansion.
In the latest trading session, Lululemon (LULU) closed at $364.59, marking a +1.67% move from the previous day.
Given the stickiness in inflation, avoiding consumer discretionary stocks like athleisure is more prudent. However, with U.S. retail sales showing remarkable resilience in the past few months, you should consider betting on the best athleisure stocks.
Recently, Zacks.com users have been paying close attention to Lululemon (LULU). This makes it worthwhile to examine what the stock has in store.
Lululemon (NASDAQ: LULU) stock price has just formed a highly dangerous chart pattern pointing to more downside. After peaking at $515.50 in December, the stock has plunged to $350, a 31% decline.
Lululemon Athletica will close its distribution center in the state of Washington at the end of the year and lay off more than 100 employees, the apparel retailer told Reuters on Friday.