Seaweed Or Not, Lululemon (LULU) Is Still Popular Among Shoppers

Seaweed or not, Lululemon (Nasdaq: LULU) is still popular among shoppers. Earlier today, The New York Times published an article about Lululemon's clothes not containing seaweed. Kristin Bentz, former retail analyst, reported on TheStreet.com TV that buyers are not too concerned if seaweed is in Lululemon's clothes. Even the analysts did not find the seaweed lacking clothes a negative event at the company and LULU finished up after being down this morning.

The story in the NY Times was formulated by a short-seller hoping that Lululemon would plummet today. Good try, but maybe next time.

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