Lululemon Downgraded Near 5-Year Low: Will LULU Remain an Athleisure Loser?
Schwab Network · Schwab Network
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Show Notes
JP Morgan downgraded Lululemon (LULU) as the stock trades near May 2020 levels. The stock has underperformed over the last year, but as Rick Ducat explains, it's not the worst performer among its peers. He takes a broader look at the consumer discretionary space to see how tariffs have affected the sector's price action. As for Lululemon, Rick turns to the technicals investors should watch as he weighs the potential for the stock to fall further.
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