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Lululemon Athletica Inc LULU is turning back the clock on valuations, trading at levels not seen since 2010 — and hedge fund billionaire Michael Burry is taking notice.
Lululemon Athletica Inc. founder Chip Wilson has pledged shares in the sportswear company for the third time in just over a year, securing access to more than $500 million without selling stock.
With the major market indices hitting new highs, some investors are cautious and bracing for a correction, especially with August being a historically weak month for the markets. There are always risks in the stock market, of course.
Finding stocks that can double within three years is not that difficult if you know what to look for. There are different approaches to take to this.
The current tech-fueled bull market continues to draw attention on Wall Street. All the major indices have hit new highs recently, but most of the focus among investors is concentrated on companies benefiting from artificial intelligence.
Key Points in This Article: Michael Burry, famed for predicting the 2008 housing crash, shifted from bearish to bullish bets, acquiring calls and shares in Lululemon Athletica (LULU), Meta Platforms (META), and UnitedHealth Group (UNH) worth $522 million.
Michael Burry, the legendary “Big Short” investor and founder of Scion Asset Management has revealed a substantial reshuffle in his Q2 2025 holdings, adding heavyweight names across healthcare, retail, biotech, and e-commerce while trimming his largest position.
At one point in time, Lululemon (LULU -2.65%) was a darling of the stock market, loved by investors, with shares trading up over 3,000% from its initial public offering (IPO) around 20 years ago. No longer.
In the closing of the recent trading day, Lululemon (LULU) stood at $195.19, denoting a -2.64% move from the preceding trading day.
AUSTIN, Texas--(BUSINESS WIRE)--Cleveland Krist PLLC is proud to announce that associate Lourdes “Lulu” Ortiz has been named to the 2025 Lawdragon 500 X – The Next Generation list, which celebrates exceptional early-career legal professionals that are shaping the future of the profession. The 500 X spotlights lawyers who “provide a forecast of the fascinating future of global law practice.” Now in its third year, the guide recognizes young lawyers who have made an impact through significant mat.