Lululemon Athletica (LULU) Faces Pre-market Plunge Despite Earnings Beat
Lululemon Athletica Inc. (NASDAQ: LULU) experienced a rollercoaster ride in the premarket session today, dropping significantly by 14% after a solid 2.1% rise during Thursday’s trading session. This unexpected turn of events follows the company’s latest earnings release, where Lululemon surpassed both top and bottom line estimates. Guidance Disappoints Analysts The Vancouver-based retailer disappointed analysts […]
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