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Benzinga
Benzinga
Business
Adam Eckert

Why This Investor Sold Lululemon Stock Following Target's Earnings

LULU Lululemon Target Joe Terranova Lululemon Athletica Inc Nasdaq Target Corp Virtus Investment Partners CNBC

Virtus Investment Partners' Joe Terranova has been slashing positions from his portfolio this week, but he decided to hold Lululemon Athletica Inc (NASDAQ:LULU) through Target Corp's (NYSE:TGT) earnings.

"I said they better not miss, otherwise we have a problem. Well, we have a problem now," Terranova said Wednesday on CNBC's "Fast Money Halftime Report."

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