Lululemon (LULU) Suffers a Larger Drop Than the General Market: Key Insights

In the latest market close, Lululemon (LULU) reached $315.75, with a -1.7% movement compared to the previous day. The stock fell short of the S&P 500, which registered a loss of 0.56% for the day. On the other hand, the Dow registered a loss of 0.58%, and the technology-centric Nasdaq decreased by 0.51%.Shares of the athletic apparel maker witnessed a gain of 18.41% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 10.54% and the S&P 500's gain of 7.37%.T ...