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lululemon stock drops 17% after weak Q2 results and lowered guidance sparks investor lawsuit

Market News
06 Oct 2026
Newsfile Corp
View Source
Bearish
lululemon stock drops 17% after weak Q2 results and lowered guidance sparks investor lawsuit

lululemon reported disappointing Q2 2026 results with lower-than-expected revenue and sharply reduced full-year guidance, citing negative media, weak product launches, and lower store traffic. Following the announcement, the stock price fell 17.38% to $100.61. Investors who purchased lululemon shares are being encouraged to join a class action investigation led by Bronstein, Gewirtz & Grossman, LLC, which alleges potential claims related to the company's financial disclosures. The investigation aims to hold the company accountable and recover losses for shareholders.

As of Oct 07, 2026 01:11 WIB, lululemon athletica Inc (LULU) trades on Pluang at USD 93.71, showing a modest 1-day gain of 0.61%. Despite the recent sharp drop noted in the article, Pluang data indicates a slight recovery with a market cap of $10.31 billion and a high sell order activity of 92%. The typical hold time for LULU shares on Pluang is 105 days, reflecting investor behavior on the platform.

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