Shares of Lululemon Athletica (LULU) are trading 7% higher at a price of $314.235 at the time of this writing. Shares of the stock are rapidly outpacing other names in the space on what is turning out to be a meh day for the Consumer Discretionary sector.
- Reported strong results and solid guidance
- 2Q revenue increased 29% from a year earlier, to $1.9 billion, and it raised full-year profit and top-line forecasts
- Analysts Say: ''Execution At Its Finest''
Lululemon Athletica has been trading between a 52-week high of $485.83 and a 52-week low of $251.51. The stock has a market cap of $38.4 Billion.
lululemon athletica inc.is a healthy lifestyle inspired athletic apparel company for yoga, running, training, and most other sweaty pursuits, creating transformational products and experiences which enable people to live a life they love. Setting the bar in technical fabrics and functional designs, lululemon works with yogis and athletes in local communities for continuous research and product feedback.
Chart Says When Lululemon Bulls Will Be in ControlThe Street
Breakingviews - Lululemon stretches inventory logicReuters
Midday Movers: Broadcom, Lululemon Athletica, Starbucks and MoreInvesting.com
Lululemon Shines In Tough Apparel Sector, Analysts Say: ''Execution At Its Finest''Benzinga
Stocks making the biggest moves midday: Kohl''s, Broadcom, Lululemon and moreCNBC
09-02-22As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
xpxf69 - 35 upvotes - source
LULU Never bet against butts
ChadBreeder1 - 20 upvotes - source
I went from $3K to $32K on BBBY and never sold. I ended up back down to $1K and super depressed. I put my last $1K in $LULU $320C 9/2 his morning. Figured it was one last yolo so I could stop my gambling habit for a while. And that I would fail and that I’d be out of the market for a few months until I reload. Am I back in the game?
Seymourtendiez - 20 upvotes - source
Chipotle and lulu have a deal, girls smash burrito bowls and shart their leggings resulting in more lulu purchases.
pm-me-nice-pics - 15 upvotes - source
Lulu butts twerking hd
JonSnow4525 - 13 upvotes - source
All I want is the Finland prime minister to put on lulu leggings and sit on my face…is that too much to ask?
Zdardle - 11 upvotes - source
SBUX and LULU going off, Corn above $20k, UVXY and VIX down bad, futures greening, bears considering early hibernation ![img](emote|t5_2th52|18632)
Fragrant-Initial1687 - 9 upvotes - source
Don't bet against lulu and their cult following of basic bitches.
deeGreatZambini - 9 upvotes - source
One strategy I use to play earnings is to find a like company that trades in sympathy with the other. For example, DE and CAT CRWD and PANW PYPL and SQ LULU and NKE Purchase FD's in the like company instead. Avoid IV crush and usually like company rises in tandem on the good earnings report. Works until it doesn't!
GreenGamma047 - 7 upvotes - source
"puts on lulu!" lmao, women would rather look pretty than pay for food for their children so anyone who buys puts on LULU is regarded
Accomplished_Suit651 - 7 upvotes - source
Never bet against Becky. LULU 🚀🚀🚀