Lululemon trades lower after 'surprise' 5-day sale starts online - InvestingChannel

Lululemon trades lower after ‘surprise’ 5-day sale starts online

Shares of Lululemon Athletica moved lower after Barclays analyst Adrienne Yih called the company’s online sale that started today a “surprise.” Lululemon stated on its homepage, “It’s only here for five days-with new markdowns every day. So, you better get moving (and remember to stay hydrated).” Shares of the apparel maker are down 1.6%, or $4.89, to $304.99 in morning trading.