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No Bounce in Store for lululemon (LULU); Shares Move Below Key SMA

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Lululemon (LULU) Lower as Bulls Get Nervous

October 19, 2012 10:55 AM EDT

Shares of Lululemon Athletica Inc. (NASDAQ: LULU) are seeing pressure early Friday as a bullish analyst gets a little less sanguine.

Credit Suisse said the increase of casual-use apparel and early seasonal discounting has left them "somewhat" concerned. Still the firm is... More