NY Post Reported Thursday Lululemon Unable To Find Buyer For Mirror Fitness Gadget
Portfolio Pulse from Charles Gross
Lululemon has been unsuccessful in finding a buyer for its Mirror fitness gadget, according to a report by the NY Post.
June 23, 2023 | 9:23 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Lululemon's inability to find a buyer for its Mirror fitness gadget may negatively impact its stock price in the short term.
Lululemon's inability to find a buyer for the Mirror fitness gadget indicates a lack of interest in the product, which could lead to a decrease in the company's revenues and negatively impact its stock price. Investors may perceive this as a sign of weakness in Lululemon's product portfolio and future growth potential.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100