DJ Lululemon Athletica Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of lululemon athletica inc. (LULU) jumped 10.59% to $273.84 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 9.52% to 5,456.90 and the Dow Jones Industrial Average rising 7.87% to 40,608.45.
lululemon athletica inc. closed 35.31% short of its 52-week high of $423.32, which the company reached on January 30th.
The stock underperformed when compared to some of its competitors Wednesday, as Nike Inc. Cl B $(NKE)$ rose 11.36% to $59.32, VF Corp. $(VFC)$ rose 27.52% to $12.42, and Under Armour Inc. Cl C $(UA)$ rose 12.90% to $5.34.
Trading volume (6.3 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.
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April 09, 2025 16:55 ET (20:55 GMT)
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