The period under review has seen the stock of
Lululemon Athletica Inc. (LULU) experience a roller-coaster ride. The
CEO and Director showed faith in the company by
purchasing additional stock, but despite this, the company has faced
criticism from analysts and is under the spotlight for
insider buying activity. The company has experienced
missed sales estimates and an underwhelming product launch, leading to a
cut in guidance. A class action lawsuit has been announced, highlighting
unusual options activity and deadlines for investors to contact law firms have been set. On the brighter side, LULU posted
stronger than expected Q2 earnings-per-share (EPS) despite the revenue miss, and some analysts argue that the
quality of LULU rarely trades at discount, indicating potential investment opportunities. LULU's
stock prices have fluctuated up and down, keeping interested investors on their toes.
Lululemon Athletica LULU News Analytics from Fri, 12 Apr 2024 07:00:00 GMT to Sun, 08 Sep 2024 14:19:30 GMT -
Rating -5
- Innovation -4
- Information 6
- Rumor -3
