Lululemon shares crash 80% from peak as founder faces divorce
Lululemon stock closed at $100.61, down 80% from its 2023 peak, as the company cut sales forecasts and founder Chip Wilson faces divorce without a prenup.
6 h ago8 min read
Lululemon stock closed at $100.61, down 80% from its 2023 peak, as the company cut sales forecasts and founder Chip Wilson faces divorce without a prenup.
Lululemon stock fell 18% to an eight-year low after the company cut its 2026 outlook for the third time, overshadowing a profit beat.