Lululemon (LULU) Sees Early Pressure on Major Discounting
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Price: $100.36 -1.88%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: -10.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: -10.8%
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Shares of Lululemon Athletica Inc. (NASDAQ: LULU) are under pressure Wednesday as traders voice a possible red flag with heavy discounting being seen for Canada's Boxing Day (the day after Christmas). 86 products are on sale, some more than 50%.
Shares of LULU last traded at $74.27, down 2 percent.
Shares of LULU last traded at $74.27, down 2 percent.
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