Lululemon shares slide after second full-year forecast cut
Lululemon Athletica (LULU) shares fell about 18% in premarket trading after the sportswear maker cut its full-year forecast for a second time.
Shares of Lululemon Athletica NASDAQ:LULU fell about 18% in premarket trading on Friday after the sportswear maker cut its full-year forecast for a second time, underscoring the hurdles awaiting incoming CEO Heidi O'Neill.Lululemon, known for its high-priced stretchy pants and athletic tops, has be…