Lululemon stock plunges 20% as company's second quarter outlook misses Wall Street estimates
Lululemon stock (LULU) fell as much as 20% in after hours trade on Thursday after the company warned profits would take a hit amid what it called a “dynamic macro-environment.”
It now expects second quarter adjusted earnings per share to fall in a range of $2.85-$2.90, far lower than Wall Street’s estimates for EPS of $3.31.
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Bull Flag Case Study: Silvergate
If you want to make consistent money trading, you need a process that you can apply with regularity. One process involves spotting technical setups. And a popular one is the bull flag.
Bull flags are among the time-tested stock market patterns. They are employed by top traders such as US Champion Trader, Oliver Kell.
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1 Monster Stock To Buy With No Hesitation
If you’re going to throw down your money on a stock right now with no hesitation, you’ll want to be sure it’s a money-maker. The first thing it must possess is a wide economic moat that ensures competition or capital can’t dethrone it. Here’s a quick flashback in time to highlight what we mean.
A few decades ago,
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