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Lululemon Stock Drops 18% to 8-Year Low After Third Guidance Cut

BE
BeInCrypto Editorial
(02:05 AM UTC)
1 min read
JM
Updated byJames Mitchell

Nasdaq-listed Lululemon Athletica (LULU) stock dropped 18% in after-hours trading on September 3. Shares fell to under $100 after the company’s third guidance cut of 2026 overshadowed a profit beat.

The decline pushed shares to their lowest level in roughly eight years, below the 52-week low. LULU now trades about 80% under its all-time high of $511.29, set in December 2023.

Lululemon has trimme…

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