Is Lululemon Stock More Trick Than Treat?
It's Halloween, so let's go trick or treating down Wall Street. Shares of Lululemon Athletica (NASDAQ: LULU) have plummeted 44% since Halloween last year. The athleisure apparel stock has been pretty scary, but sometimes a nightmare can be a dream opportunity.
Is Lululemon a trick or a treat? Let's take a look at some of the reasons why the formerly high-flying premium yoga lifestyle brand is in the downward-facing doghouse. Then let's look at some of the catalysts that can make sure that the stock doesn't nama-stay there.
Image source: Getty Images.
Source Fool.com
Lululemon Athletica Inc. Stock
€175.70
0.490%
Our community is currently high on Lululemon Athletica Inc. with 54 Buy predictions and 6 Sell predictions.
As a result the target price of 323 € shows a very positive potential of 83.84% compared to the current price of 175.7 € for Lululemon Athletica Inc..
