Burry Bets on LULU Dip, Ready to Buy More if Price Hits $100
TL;DR Summary
Michael Burry keeps a contrarian stance on Lululemon after its stock plunged about 18% on weak Q2 results and lower guidance, saying he would add to his largest disclosed stake if LULU falls below $100, signaling faith in a potential turnaround despite near-term demand headwinds.
- Michael Burry Doubles Down on Major Retail Stock Post Drop finance.yahoo.com
- Lululemon made a really stupid decision this year that explains why its stock is getting crushed finance.yahoo.com
- Lululemon stock plunges 20% on disappointing earnings and outlook CNBC
- lululemon athletica inc. Announces Second Quarter Fiscal 2026 Results Lululemon
- Lululemon Cuts Outlook Again After Another Tough Quarter for Sales WSJ
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