Lululemon Is Valued Like It's 2010—And Burry's Loving It As Stock Breaks Out

The athletic apparel giant is breaking out on the charts, attracting attention from both value investors and momentum traders alike. Lululemon Athletica Inc LULU is turning back the clock on valuations, trading at levels not seen since 2010 — and hedge fund billionaire Michael Burry is taking notice. At $203.62 per share, it sits far below its 200-day moving average of $308.29, signaling that investors may be getting a rare discount on a premium brand. Burry Bends Into LULU Track LULU stock here. Chart crea ...