Alert: Major Price Advance (12/6/24)-Lululemon Athletica Inc (NASDAQ: LULU).

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On 12/6/24, Lululemon Athletica Inc (NASDAQ: LULU) stock enjoyed a major increase of 15.9%, closing at $399.60. Moreover, exceptionally high trading volume at 526% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 25.1% during the last week.

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Current PriceTarget Research Rating

Lululemon Athletica has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Lululemon Athletica has a neutral Appreciation Score of 41 and a slightly negative Power Rating of 39, triggering the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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