Why Lululemon Stock Lost 16% in July
Shares of Lululemon Athletica (NASDAQ: LULU) were pulling back last month as concerns about the tariffs and the company's internal challenges weighed on the stock in a month when there was little company-specific news.
According to data from S&P Global Market Intelligence, the stock finished the month down 16%. As you can see from the chart below, an early July gain was wiped out by the second week of the month, and the stock fell sharply at the end of July as new tariff rates came into focus.
Source Fool.com
Lululemon Athletica Inc. Aktie
103,40 €
-0,39 %
Lululemon Athletica Inc. sticht etwas positiv hervor mit 22 Buy- und 7 Sell-Einschätzungen.
Das durchschnittliche Community-Kursziel von 195 € für Lululemon Athletica Inc. impliziert eine Steigerung von über 50% gegenüber 103.4 €.
