Lululemon (LULU) is trading lower after the departure of its Chief Product Officer. Morningstar’s David Swartz discusses this as Lululemon is implementing an updated and more integrated organizational structure. A Morningstar analyst notes that Lululemon benefits from the athleisure fashion trend and will continue to achieve premium pricing. Tune in to find out more about the stock market today.
Trading 360
22 May 2024
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