Updated
Updated · MarketWatch · May 6Lululemon stock rises 1.41% for second straight day
12 articles · Updated · MarketWatch · May 6
- Shares closed at $132.04 on Wednesday as the S&P 500 gained 1.46% to 7,365.12 and the Dow rose 1.24% to 49,910.59.
- Despite the advance, Lululemon lagged rivals including Nike, VF Corp and Under Armour, which posted stronger percentage gains during the session.
- The stock remains 61.19% below its 52-week high of $340.25 reached on June 3, while trading volume of 2.5 million stayed below its 50-day average.
Can Lululemon's booming international sales offset its North American slowdown and heavy tariff burdens to reignite growth? With its founder waging a proxy war, can Lululemon’s new CEO reclaim its premium brand identity amid a market slowdown?