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Why Lululemon Stock Was Falling This Week

·2-min read
Why Lululemon Stock Was Falling This Week
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Week to date, shares of Lululemon Athletica (NASDAQ: LULU) were down 10.9% as of 9:58 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence. The sector has been sinking since Tuesday, when Walmart released disappointing earnings results. Over the last month, Lululemon's stock price has fallen 33%, underperforming the 20.3% decline in the SPDR S&P Retail ETF.

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