The Lululemon Athletica stock (LULU) price has been on an exponential rise since March 15 and it has risen by 21.38% over the last five days.
To help stock investors eying the LULU stock, Invezz has created a brief article on what it is and the best places to trade it.
Are you looking for fast-news, hot-tips and market analysis?
Sign-up for the Invezz newsletter, today.
To find out more, please continue reading.
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
With Nextmarkets you can trade over 7,000 shares and 1,000 ETFs commission-free on the exchange. You pay neither custody and order fees nor third-party fees. Take advantage of our comprehensive e-learning offer with over a dozen real-time trading coaches.
Register with nextmarkets instantly
LULU stock is the stock of Lululemon Athletica Inc. that traded on the NASDAQ stock exchange under the ticker NASDAQ: LULU.
Lululemon Athletica is an American – Canadian multinational athletic apparel, lifestyle apparel, and personal care products retailer based in Delaware and headquartered in Vancouver.
It has over 490 stores across the world and it also sells online.
If you want to invest in the stock of an apparel retailer, the LULU stock could be a good choice.
However, it is not clear whether the stock shall proceed on the same bullish trend post the $1B share buyback, especially since the stock had been on the decline from November 2021 to February 2022.
Most analysts believe the Lululemon stock shall continue to rise especially in the share buyback period. They forecast that the stock shall hit at least $380 by the end of this week.
10/10
68% of retail CFD accounts lose money
There is good reason to be afraid. Previous down markets have seen declines in excess…
United Parcel Service, Inc. (NYSE:UPS) and FedEx Corporation (NYSE:FDX) are two robust logistics companies. Both…
Canadian crypto mining firm Bitfarms sold roughly $62 million worth of Bitcoin (BTC) in June,…
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling…
Noma, a Japanese film studio, has announced that it is producing three feature films that…
Bitcoin (BTC) saw continued strength on June 21 as Wall Street trading opened with a…