lululemon hits the reset button! International business and CEO change bring excitement to the stock!
Reading Time: 4 minutes
lululemon athletica (LULU) has long been the epitome of the athleisure boom. Now, after a challenging year, the brand is poised for a comeback. A surprisingly strong quarter, a clear restart at the top, and a billion-dollar buyback plan are giving the stock fresh momentum in after-hours trading. The stock jumps nearly 10% to $205. From cult leggings star to comeback candidate lululemon is a premium provider of functional sports and lifestyle clothing, shoes, and accessories, famously known for its high-margin yoga leggings, tops, and athleisure...
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