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Benzinga
Benzinga
Business
Surbhi Jain

Lululemon Is Valued Like It's 2010—And Burry's Loving It As Stock Breaks Out

LULU Lululemon Michael Burry
Roseville,,Ca,-,November,17,,2019:,Lululemon,Clothing,Boutique,Storefront

Lululemon Athletica Inc (NASDAQ:LULU) is turning back the clock on valuations, trading at levels not seen since 2010 — and hedge fund billionaire Michael Burry is taking notice.

The athletic apparel giant is breaking out on the charts, attracting attention from both value investors and momentum traders alike.

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