Lululemon Finds Mantra In A Niche Market
Revenge is bittersweet for Lululemon Athletica. Short interest in the stock is at 21 percent of the float right now and today's rally may have something to do with short covering. That said, investors who subscribe to Credit Suisse analyst Paul Lejeuz's thinking (his rating is outperform) would say that this yoga wear company has earned the right to a rally.
Revenge is bittersweet for Lululemon Athletica. Short interest in the stock is at 21 percent of the float right now and today's rally may have something to do with short covering. That said, investors who subscribe to Credit Suisse analyst Paul Lejeuz's thinking (his rating is outperform) would say that this yoga wear company has earned the right to a rally.
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