Lululemon hits bottom of S 500 as concern over outlook builds
By Bloomberg Published May 24, 2024 A bleak start to the year for Lululemon Athletica Inc. worsened this week after the departure of a key executive exacerbated Wall Street’s concerns around the outlook for the activewear company just ahead of its earnings report. Shares slumped 11% this week, driven by the news that Chief Product [...]read moreLululemon hits bottom of S 500 as concern over outlook builds