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Should You Buy or Hold lululemon After a 10% Recovery in a Month?
LULUlululemon(LULU) ZACKS·2024-10-08 16:03

lululemon athletica inc. (LULU) stock has shown a marked recovery in the past month, with shares rising as much as 9.6%. With this increase, the company’s shares have outpaced the broader Consumer Discretionary sector and the S&P 500’s rallies of 6.7% and 5.4%, respectively. However, the LULU stock is still slightly short of the industry’s growth of 9.9% in the same period.This Vancouver-based luxury athletic apparel retailer’s shares have shown recovery trends after recording a significant downside since t ...