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Vancouver, Canada-based Lululemon Athletica Inc. (LULU) operates as a lifestyle-inspired athletic apparel company specializing in yoga, running, training, and other active pursuits. With a market cap of $21.6 billion, Lululemon is renowned for the comfort of its clothing and its ability to create transformative products and experiences.
Companies worth $10 billion or more are generally described as "large-cap stocks." Lululemon fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the activewear industry.