Stocks in Action USA: Lululemon, SoftBank, ON Semiconductor
Reading Time: 4 minutes
Lululemon (LULU) – The athleisure pioneer becomes a turnaround candidate: Michael Burry bets on the return of the market favorite! Lululemon is expected to be one of the biggest losers in the S&P 500 by 2026. After the stock has plummeted about 45% since the beginning of the year, it is currently trading around 60% below its all-time high, despite the fact that the sportswear manufacturer previously saw an impressive rally of over 3,500% since its IPO in 2007. The valuation has now fallen to a price-to-earnings ratio of about 10, significantly...
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