Nike vs. Lululemon: Is Either Apparel Stock Due for a Sharp Rebound?

It’s been almost a week since Lululemon’s (LULU) lackluster Q2 report led to a sharp decline in its stock, hitting a new 52-week low of 240 million hit from tariffs.This has raised concerns about the effects of a challenging macro environment on other active-wear apparel companies, including Nike (NKE) , which is scheduled to report ...