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Barchart
Faisal Humayun Khan

A Proxy Fight Just Broke Out at Lululemon. Will LULU Stock Holders Win?

It has been a roller coaster ride for Lululemon (LULU) shareholders in 2025. At the beginning of the year, LULU stock traded at a 52-week high near $423. A sharp correction followed on growth deceleration and LULU stock touched a 52-week low near $159. 

However, there has since been some revival and LULU stock now trades at $209, still lower by 45% for year-to-date (YTD). In terms of positive developments, it was reported on Dec. 18 that Elliott Investment Management holds a stake exceeding $1 billion in LULU. As one of the largest investors, the activist investor is pushing for a management change. 

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