Legendary investor Michael Burry has doubled his stake in Lululemon (LULU) from 50,000 shares to 100,000 shares, boosting the position value from $11.9 million to $17.8 million, signaling a potential long-term buying opportunity. Lululemon, known for its yoga and fitness wear, has seen its stock drop 58% in 2025 due to U.S. sales and import tariffs, despite strong international growth and new partnerships. With LULU trading at discounted multiples, analysts remain cautious, trimming price targets due to margin pressures and competition, while investors hope for a turnaround in the company’s performance.

Read more at Yahoo Finance: Legendary Investor Michael Burry Is Doubling Down on Lululemon Stock. Should You Buy LULU Now?