Down 50% From Its High, Is Lululemon Stock a Good Buy Right Now?
lululemon(LULU) The Motley Fool·2024-09-11 23:17
The last time Lululemon's stock was priced this low was after a pandemic-fueled crash in 2020.Lululemon Athletica (LULU -1.06%) is a recognizable and iconic name in the fashion industry. Known for its high-quality activewear, consumers are often willing to pay a premium for its products. But Lululemon isn't immune to challenging macroeconomic conditions, and investors have been dumping the stock as its growth rate has slowed significantly in 2024. But now, with the stock down 50% from its high, is it too ch ...