Learn more

Look out below. Lululemon (LULU) is crashing. It’s Friday, the jobs report is out, and it wasn’t good, sending investors into a full-blown tizzy. As I write this, in the first half hour of trading, the S&P 500 is down 1.33%. You can find little black on the board now. The good news is that the index’s futures were down 1.8% in pre-market, so maybe investors have concluded adding jobs, even if it’s only 114,000, is better than shedding them. Who knows? I’m not an economist. Anyway, I thought I’d focus on a stock that’s been absolutely hammered in 2024, down 53% year-to-date, with more expected …

cuu