LULU shares fall 18% after-hours below $100 after weak sales
Lululemon shares dropped 18% after-hours on Thursday, falling below $100 for the first time since 2018 after Q2 sales fell and the company lowered its full-year forecast ahead of a new CEO taking charge.
Shares of Lululemon Athletica (LULU) dropped 18% after-hours on Thursday, falling below $100, a level not seen in regular trading since 2018, after the company reported falling sales in the second quarter and lowered its full-year forecast ahead of its new CEO taking charge.LULU’s Q2 Earnings Disap…