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Article Date: June 2017
Word Count: 185

Lululemon Going Private Rumor


The lulunatics, perhaps the target of more unverified rumors than any other company in the sector, saw its stock pop briefly on a comment from Joshua Rodriguez of CNA Finance that there “a very real possibility.” Yet even he admitted that he didn’t have a shred of evidence to back this up, adding that the rumored $85 buyout price was much too high and $70 is more likely. The story even noted that LULU was shutting down stores like the rest of retail, targeting the very brand-specific decision to convert Ivivva from an ... Log in to view full article.

 


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