This Investor Is Betting $1 Billion on a Lululemon Stock Turnaround. Should You Buy the Dip Here in Hopes of Gains to Come?
lululemonlululemon(US:LULU) Yahoo Finance·2025-12-19 17:48

Activist investing heavyweight Elliott Investment Management just made a bold bet, acquiring a 1billionstakeinLululemon(LULU).Thefirm′sinvolvement,coupledwiththeabruptdepartureofCEOCalvinMcDonald,hasinvestorswonderingwhetherthismarksthebeginningofagenuineturnaroundorthestartofapainfulrestructuring.LULUstocksurgedaround101 billion stake in Lululemon (LULU). The firm's involvement, coupled with the abrupt departure of CEO Calvin McDonald, has investors wondering whether this marks the beginning of a genuine turnaround or the start of a painful restructuring. LULU stock surged around 10% last week following the news of McDonald's exit. Yesterday, it rose more than 3% after Elliott disclosed a 1 billion investment in the athleis ...