Lululemon (NASDAQ: LULU) stock price has just formed a highly dangerous chart pattern pointing to more downside. After peaking at $515.50 in December, the stock has plunged to $350, a 31% decline. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Lululemon Athletica woesCopy link to sectionLululemon Athletica is one of the best-known apparel retailer in the world. The company is best-known for changing the athleisure industry and taking it mainstream. T ...

Plenty of companies are clearly taking the cost-cutting approach to their business models in search for efficiencies and margin improvement. Lululemon (NASDAQ:LULU) appears to be one such company, with news of Lululemon layoffs sending shares of LULU stock higher on the day.The company announced plans to shut down its Washington distribution center after also previously announcing plans to add a new warehouse in L.A. and bolster its footprint around the U.S. The company did note that some employees will lik ...

A Lululemon sign is seen at a shopping mall in San Diego, California, U.S., November, 23, 2022.Lululemon is planning to shut down its Washington distribution center and lay off 128 employees after opening a massive new warehouse outside of Los Angeles, the company confirmed on Friday.The athletic apparel retailer filed a WARN notice with the state's Employment Security Department on Thursday, notifying it of its plans to close its distribution center in Sumner, located about 35 miles south of Seattle, and c ...

Key PointsAfter falling by more than 35% from all-time highs, Lululemon stock gives investors a dip-buying opportunity. Fundamentals remain strong, and the U.S. consumer is unstoppable, so the sell-off likely resulted from a market-wide tantrum. Despite recent bearish price action, analysts and institutions still see a double-digit upside in the name. 5 stocks we like better than Lululemon AthleticaPrice action, especially to the downside, can be scary for some investors. However, a price chart is only part ...

We AreOpener I invest actively in the stock market for two major reasons. Firstly, and perhaps most obviously, I seek to beat the market and create wealth over the long term. Secondly, I genuinely enjoy picking stocks. I derive satisfaction from estimating my odds, learning about great businesses, and sharing my insights here. Indeed, there are numerous ways to profit in the market. Trading, for example, offers potential returns, albeit with unfavorable odds – though it's not a path I pursue. Classic va ...

Popular activewear stocks have really taken a beating over the past several months, led lower by such names as yoga top dog Lululemon (NASDAQ:LULU), which is now down a whopping 34% from its late-2023 high, and sneaker behemoth Nike (NYSE:NKE), down 48% from its late-2021 peak. Undoubtedly, the period of weakness has caused some to draw comparisons to perpetual apparel underperformer Under Armor (NYSE:UA), which is off more than 85% from its 2016 all-time high. Such comparisons may be unwarranted, given jus ...

Investors with an interest in Textile - Apparel stocks have likely encountered both Ralph Lauren (RL) and Lululemon (LULU) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with ...

This company has barely penetrated many markets, but it's growing rapidly as it establishes its brand.The S&P 500 is up 9% year to date, and with stocks rising, it's getting harder to find bargains. On Holding (ONON 1.85%) is a fairly new stock that's down 38% since its highs. It's climbing this year, but investors should still take a look at this high-growth stock.Why On looks like a compelling buyYou might have noticed people in your neighborhood wearing On's uniquely designed CloudTec running shoes, whic ...

Thursday, April 4th, 2024For those of you who had been scratching your heads about how the markets could be so complacent, wonder no more. Turns out you were right: a rich, slightly bitter brew of fewer interest rate cuts possible, geopolitical concerns and signs of softening consumer spending have at last had a negative impact on markets today. Today’s sell-off was deep, but not hellacious: the Dow dropped -529 points, -1.35%, the Nasdaq -228 points, -1.40%, the S&P 500 -1.23% and the small-cap Russell 200 ...

Is premium athletic apparel entering its flop era?Despite the booming success of industry darlings like HOKA and On Cloud — two sneaker brands with a cult-like consumer following — top contenders in the activewear market are faltering in sales.Some are even shuttering.Lululemon’s Q4 report revealed stalling sales in the Americas, only growing 9% — significantly less than the year prior despite its steady success throughout the COVID-19 pandemic and related supply-chain hiccups. Shares in the apparel giant, ...