Lululemon stock continues to underperform the broader market as the company’s and industry’s challenges continue. LULU is down by 44% this year and by 71% in the last five years, a dramatic reversal for a company that was once one of the most popular among retail and institutional investors. LULU’s retreat has coincided with that of other top companies in the industry. Nike stock has dropped by 50% in the last 12 months and by 77% in the last f…
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