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Stock impact report

Lululemon's 50% Decline May Be Over as Reddit Sentiment Shifts To “Buy Now” [Yahoo! Finance]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: Yahoo! Finance
BTIG maintains a $303 price target. Nike (NKE) declined 11% over the past year but stabilized with 1.5% year-to-date gains. Investors rethink ‘hands off' investing and decide to start making real money Shares of Lululemon ( NASDAQ:LULU ) are trading at $192.47 after a brutal 50% decline over the past year, but retail investors on Reddit and X are signaling a shift in sentiment. Recent data shows social sentiment climbing to 73 out of 100, up sharply from neutral readings of 50-58 just days earlier. The catalyst is e a combination of factors: the company beat Q3 earnings estimates with $2.59 in EPS and $2.57 billion in revenue, analysts at BTIG reiterated a Buy rating with a $303 price target, and a product crisis involving see-through leggings was resolved when the "Get Low" line returned to online sales on January 22. Social media discussions have shifted noticeably over the past week. The general tone among retail investors has moved from skepticism to cautious optimism. A Show less Read more
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