Lululemon longtime bear is still telling investors to sell the stock
Portfolio Pulse from
Lululemon Athletica Inc.'s stock fell 2.8% after Jefferies reiterated its sell recommendation, citing a second valuation peak within a year.
January 02, 2025 | 7:30 pm
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Lululemon's stock declined 2.8% following Jefferies' continued sell recommendation, highlighting concerns over its valuation after reaching a second peak this year.
Jefferies' sell recommendation is significant as it suggests the stock is overvalued, leading to a 2.8% drop. This indicates potential further downside in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100