lululemon: I Was Ready To Short, Then The Stock Fell To $124
Lululemon's stock has seen a significant decline, dropping to $124, which is a 40% decrease year-to-date. The stock is currently trading at under 10 times its forward price-to-earnings ratio. This situation has prompted discussions about potential shorting opportunities in the market.
- ▪Lululemon's stock is down 40% year-to-date.
- ▪The stock is trading at under 10 times its forward price-to-earnings ratio.
- ▪There are discussions about potential shorting opportunities for Lululemon.
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