Business

Michael Burry delivers contrary Lululemon stock verdict

THE STREET·2h ago·3 min read

Photograph via The Street

SUMMARY · FROM THE STREET

Wall Street has plenty of reasons to run from Lululemon Athletica (LULU). The premium athletic apparel firm trimmed its full-year guidance, warned of lower demand in the second quarter, and highlighted further difficulties in its important Americas sector. But when a once-hot growth stock becomes ...

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