LULU Stock Spikes On Strong Lululemon Guidance, Earnings Beat

LULU Stock Spikes On Strong Lululemon Guidance, Earnings Beat

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LULU stock spiked late Thursday on Lululemon's strong full-year guidance. The athleisure giant didn't break a sweat to beat earnings.
Stock indexes rallied strongly on Friday and for the week. The Nasdaq continues to look strong, perhaps slightly extended. But notably, market breadth improved considerably, with the Dow Jones, Russell 2000 and the S&P 500 equal-weight ETF powering above key levels. Tesla broke out as several other stocks flashed early entries.

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