After Declining 45% This Year, Can Lululemon Bounce Back in the Second Half of 2026?
The stock hasn't been trading this low since 2018.
Overview
If a stock is down 50%, it would need to double to just get back to where it was before its decline. It's a tall task, but it also demonstrates just what kind of upside a beaten-down stock could have if it's able to get back to where it was after a sell-off.
The big question, of course, is whether it can recover, because declines like that don't just happen for no reason. Lululemon Athletica (NASDAQ: LULU) has lost almost that much during just the first six months of the year. At the mid-way point, it was down an incredible 45%.
Details
With the company in the midst of a CEO transition, could it be worth taking a chance on this struggling apparel stock?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.