SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Lululemon shares face founder divorce uncertainty after sharp weekly drop

Reports say founder Chip Wilson and Shannon Wilson are divorcing, adding uncertainty for Lululemon investors. Lululemon stock fell nearly 17% this week as shares reel from the decline.

LULU

Lululemon stock is facing another source of uncertainty after reports that founder Chip Wilson and his wife, Shannon Wilson, are divorcing, adding a new development as the apparel company’s shares continue to slide. Lululemon fell nearly 17% this week after the company reduced…