Lululemon Stock Falls as Forecasts Reflect Consumer Caution
From Yahoo Finance: 2025-06-06 17:06:00
Major U.S. equities indexes rose on Friday, with the S&P 500 climbing 1% after a strong jobs report. Palantir shares rebounded on AI demand, while Lululemon tumbled on soft consumer spending. The U.S. economy added 139,000 jobs in May, easing tariff concerns. Palantir and Moderna saw gains, while Lululemon and Broadcom fell. United Airlines partnered with Spotify, and Tesla shares rose amid a Trump-Musk spat. Mosaic reduced its phosphate production guidance.
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