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Why Lululemon Stock Dropped 13% in May

Why Lululemon Stock Dropped 13% in May

Shares of Lululemon Athletica (NASDAQ: LULU) stock fell 13% in May, according to data from S&P Global Market Intelligence. Investors were worried about the retail market leading up to Lululemon's first-quarter report, released on June 1. Lululemon continues to demonstrate incredible resilience in the face of overall negative market conditions.