Lululemon Athletica Inc. (LULU)
Pre-Market:
| Previous Close | 247.18 |
| Open | 249.00 |
| Bid | 255.04 x 100 |
| Ask | 255.40 x 200 |
| Day's Range | 243.37 - 255.69 |
| 52 Week Range | 226.01 - 516.39 |
| Volume | |
| Avg. Volume | 2,242,579 |
| Market Cap | 31.333B |
| Beta (5Y Monthly) | 1.25 |
| PE Ratio (TTM) | 19.72 |
| EPS (TTM) | 12.94 |
| Earnings Date | Dec 05, 2024 - Dec 09, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 315.64 |
- Yahoo Finance Video
Nvidia, tech rally woes 'shortsighted': IG North America CEO
Following the release of the August Consumer Price Index (CPI) report, IG North America CEO JJ Kinahan joins Brad Smith and Seana Smith on the Morning Brief to provide some perspective on retail investors' tech trades ahead of any potential interest rate cuts. "We have seen Nvidia (NVDA) come into some troubles recently, but I think you have to keep that in perspective that the stock is still up over 100% year to date," Kinahan says. "Overall, I think it's really, sort of shortsighted to say that technology will not continue to lead us," Kinahan tells Yahoo Finance. He notes that monetizing artificial intelligence (AI) spending will be "key" to a continued tech rally. Kinahan indicates that Nvidia remains a top name among Tastytrade's retail clients. Alongside Nvidia, he highlights that clients also seem bullish on Ulta Beauty (ULTA) and the United Parcel Service (UPS) while there was broad bearishness around Lululemon (LULU), Qualcomm (QCOM), and Disney (DIS). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Naomi Buchanan.
GuruFocus.comVanguard Group Inc's Strategic Acquisition of Lululemon Athletica Shares
On August 30, 2024, Vanguard Group Inc made a significant addition to its investment portfolio by acquiring 81,009 shares of Lululemon Athletica Inc (NASDAQ:LULU). This transaction increased Vanguard's total holdings in the company to 11,823,020 shares, reflecting a substantial commitment to Lululemon Athletica. Founded in 1975 by John C. Bogle, Vanguard Group Inc has grown into a leading global investment management firm.
Zackslululemon Stock Rolls Down 51.7% YTD: Should You Buy or Beware?
LULU faces challenges with U.S. revenue growth amid inflation, a cautious consumer spending environment and a lack of newness in the women's category.
