Lululemon Drops 6%; Analysts Clash on Outlook
Lululemon Athletica (LULU) has been one of the big stock stories since yesterday’s after-hours release of improved earnings guidance which nevertheless disappointed Wall Street. The stock is down about 6%, reflecting the investors’ umbrage. Perhaps surprisingly, reaction on Wall Street has been mixed, with wildly different outlooks coming out this morning. Earlier today I linked [...]
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