Lululemon Athletica Stock (LULU) Surges Into the Spotlight After Elliott’s $1B Stake: News, Forecasts, and What Comes Next
Dec. 18, 2025 — lululemon athletica inc. (NASDAQ: LULU) is back at the center of the market conversation after reports that activist hedge fund Elliott Management has built a stake exceeding $1 billion and is positioning a potential CEO candidate as the company heads into a high-stakes leadership transition. Reuters+2The Wall Street Journal+2 The stock’s reaction has been swift. LULU was recently trading around $207.87 on Thursday, while separate reporting and market data showed a notable pop in late trading following the activist headlines. MarketWatch Underneath the headline — “activist investor takes big stake” — sits a deeper story investors