Lululemon sinks after new CEO hire from Nike fails to impress investors
CTV News
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Lululemon Athletica shares shares tumbled about 12 per cent in early trading on Thursday, as the struggling athletic apparel maker’s decision to tap a CEO from turnaround-embattled Nike failed to reassure investors.
Lululemon Shares Sink on CEO Hire
- Lululemon CEO hire from Nike fails to impress investors, shares sink CTV News —
- Lululemon plucks Nike cast-off for CEO Semafor —
- Lululemon sinks after new CEO hire from Nike fails to impress investors CTV News —
- Lululemon sees largest market dip in years after announcing former Nike exec as new CEO The Independent —
- Lululemon shares dive on new CEO pick — as investors fear she may not have chops to save struggling company NY Post —