Forget Nike: Billionaires Are Buying Up This Activewear Stock Instead [Yahoo! Finance]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Yahoo! Finance
though it's an activewear brand, it is the top-selling clothing brand in the U.S., also by a wide margin. There are plenty of reasons to hold on to Nike stock. But there are smaller brands that are growing much faster, and many billionaire investors are out for growth. They're often fund managers who are paid by high-net-worth individuals to get results, and these days, they're buying Nike rival Lululemon Athletica (NASDAQ: LULU) Catching the athleisure wave Billionaire investors were scooping up shares of Lululemon in 2024's first quarter. Israel Englander of Millenium Management added 64,488 shares, increasing his position by 346%, Ken Griffin of Citadel Advisors added 209,776 shares, increasing his position by 116%, and Jeff Yass of Susquehanna purchased 144,704 shares, increasing his position by 111%. Why Lululemon? It has solidified its place as the top premium activewear brand, gaining customers and loyalty. They love its patented fabrics, casual styles, and commitment t
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LULU
News
- Lululemon Athletica Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before October 7, 2024 to Discuss Your Rights – LULUAccesswire
- Investors who lost money on Lululemon Athletica Inc.(LULU) should contact Levi & Korsinsky about pending Class Action - LULUAccesswire
- lululemon athletica inc. Investors: Please contact the Portnoy Law Firm to recover your losses. October 7, 2024 Deadline to file Lead Plaintiff Motion.GlobeNewswire
- LULU Investors Have Opportunity to Lead Lululemon Athletica Inc. Securities Fraud LawsuitPR Newswire
- Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 7, 2024 in Lululemon Athletica Inc. Lawsuit - LULUAccesswire
LULU
Earnings
- 8/29/24 - Beat
LULU
Sec Filings
- 9/26/24 - Form 144
- 9/10/24 - Form SC
- 9/5/24 - Form 4
- LULU's page on the SEC website