Skechers Stock Shows Strength Among Consumer Discretionary Sector
lululemon(LULU) MarketBeat·2024-07-26 20:39
Some names in the retail and apparel sectors have made a splash in investors’ monitors in recent weeks, even months. Unfortunately, the attention is founded on seriously bearish price action, like the fact that shares of Lululemon Athletica Inc. NASDAQ: LULU are now trading at only 48% of their 52-week high, which is dangerously close to making a new 52-week low.Another unlikely name to be trading near a 52-week low is Nike Inc. NYSE: NKE. Management issued lower-than-expected financial guidance for the res ...