Previous close | 148.31 |
Open | 148.31 |
Bid | 164.00 |
Ask | 170.80 |
Strike | 500.00 |
Expiry date | 2025-07-18 |
Day's range | 148.31 - 148.31 |
Contract range | N/A |
Volume | |
Open interest | 11 |
(Bloomberg) -- A bleak start to the year for Lululemon Athletica Inc. worsened this week after the departure of a key executive exacerbated Wall Street’s concerns around the outlook for the activewear company just ahead of its earnings report. Most Read from BloombergSingapore Air Changes Seatbelt Rules After Fatal TurbulenceSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting Sus
The two stocks we explore--Lululemon (LULU) and Global Payments (GPN)--are trading at prices and valuations that could look like steals years or even months from now.
Lululemon Athletica stock sank Wednesday after the athletic wear company said its chief product officer is leaving and announced a reshuffle of its management ranks. The company said Tuesday its chief product officer, Sun Choe, will be departing the company later this month to pursue another opportunity. Lululemon said it doesn’t intend to replace the role.