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BTCC / BTCC Square / Global Cryptocurrency /
Lululemon Shares Jump 3.48% After Elliott Management’s $1B Stake Revealed

Lululemon Shares Jump 3.48% After Elliott Management’s $1B Stake Revealed

Author:
Global Cryptocurrency
Published:
2025-12-19 09:54:02
17
3
BTCCSquare news:

Activist investor Elliott Management has taken a $1 billion-plus position in Lululemon, sparking a 3.48% after-hours surge. The MOVE signals potential strategic shifts as the athletic apparel giant navigates a CEO transition and global expansion.

Market volatility was evident during Thursday's session, with shares swinging between $225.93 and $210. Analysts are weighing whether Elliott's stake will pressure management to accelerate growth initiatives or operational changes.

CEO Calvin McDonald's impending departure adds another LAYER of intrigue. Succession plans could determine whether Lululemon sustains its recent momentum in new markets.

|Square

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