Lululemon (LULU) Trades at Historic Lows Ahead of Q3 Earnings

Lululemon Athletica's stock has dropped significantly, trading at around $184, down from its peak of over $500 in late 2023. The company is set to release its Q3 earnings, and despite its current low price, the author of the article predicts "dead money" ahead of the release, suggesting that investors may not see significant gains from the upcoming earnings announcement.