✉news BusinessMarkets first seen 4 h ago, last 4 h ago, peak #35
Lululemon Stock Down 80% From Peak as Wall Street Turns Bearish
Original: Lululemon (LULU) Stock Is 80% Below Its All-Time High: 1 Metric That Shows How Bearish Wall Street Has Become.
Lululemon Athletica shares now trade roughly 80% below their all-time high, and analysts on Wall Street have grown notably bearish on the athletic apparel maker. A key forward estimate cited in market commentary signals that forecasters expect little near-term recovery, keeping investor attention on whether the brand can win back shoppers and reverse its stock slump.
Why now: Investors are reacting to the scale of Lululemon's decline and increasingly pessimistic analyst outlooks for the company.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/141497