LULU At a New All-Time High

Shares of Lululemon Athletica (LULU) are having another green day on Friday. The stock continues to trend higher to breakout above its yesterday highs along the $68 level.

During Thursday’s trading session, LULU shares spiked more than 15% in the wake of blow – out earnings report.

During today’s session, LULU, whose shares have outperformed the broader S&P 500 Index (SPX) by an impressive 126% during the past 52 weeks, jumped another 7% to a new all time high of $68.11. Shares are seeing huge volume ; mid-way through the session LULU has already traded more than 3.3 million shares, well above the daily average volume of 1.3 million shares.

At last check [1:20 p.m. EST], LULU shares were up over $4.00 in trading on the Nasdaq.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

About Ron Haruni 1099 Articles
Ron Haruni is the Co-Founder & Editor in Chief of Wall Street Pit.

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.