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Lululemon Stock Eyes Worst Day Since 2020 After Earnings
LULUlululemon(LULU) Schaeffers Investment Research·2025-06-06 14:54

Lululemon Athletica Inc (NASDAQ:LULU) stock is down 19.7% to trade at 265.71,aftertheathleisurecompany′sfiscalsecond−quarterandfull−yearguidancemissedexpectations,withtariffpressurestheculprit.Atleast12brokeragescuttheirpricetargetsasaresult,thesteepestcomingfromBMOto265.71, after the athleisure company's fiscal second-quarter and full-year guidance missed expectations, with tariff pressures the culprit. At least 12 brokerages cut their price targets as a result, the steepest coming from BMO to 250 from 302. ThesharesareontrackfortheirworstdaysinceMarch2020andearliergappedtotheirlowestlevelsinceApril.Thesecurity alsobrokebelowarecentflooratthe302. The shares are on track for their worst day since March 2020 and earlier gapped to their lowest level since April. The security also broke below a recent floor at the 310 level and lost suppor ...