🔴 LULU is trading 12% down today as former Nike exec Heidi O'Neill named CEO

LULU is trading at $143.70 (-12.08%) after appointing former Nike executive Heidi O'Neill as its new CEO, effective September 8, 2026.

• The appointment concludes a turbulent four-month search involving activist investor Elliott Management.
• Shares plummeted from yesterday's close of $163.45, significantly underperforming the NASDAQ, which is down 0.56%.