Lululemon Stock Plummets 9.58% Amid Tariff Fears, Trading Volume Soars to 51st Rank

On April 3, 2025, Lululemon Athletica (LULU) experienced a significant decline, with its stock price dropping by 9.58%. The company's trading volume reached 19.07 billion, marking a 192.12% increase from the previous day and placing it at the 51st position in the day's trading volume rankings.

Lululemon's stock price decline can be attributed to the heavy U.S. tariffs imposed on Vietnam, which have ignited a retail selloff. The tariffs have particularly affected brands that are deeply tied to Southeast Asia production, including Lululemon. The announcement of a baseline tariff rate of 10% on all U.S. trade partners, effective from April 5, has further rattled the markets and contributed to the selloff in apparel stocks.

The tariffs have had a significant impact on the fashion and apparel industry, with share prices of U.S. and European companies taking a battering in early and late-day trading. Labor groups have voiced concerns about the potential impact of the tariffs on the industry, further contributing to the market's unease.

Consumer and tech brands, including Lululemon, have been among the worst-performing S&P 500 stocks as tariffs continue to rattle the markets. The uncertainty surrounding the tariffs and their potential impact on the industry has led to a selloff in apparel stocks, with Lululemon being one of the notable fallers.