lululemon athletica inc. Stock (LULU): Elliott’s $1B Stake, CEO Transition, Buybacks, and Wall Street’s 2026 Outlook (As of Dec. 20, 2025)
lululemon athletica inc. (NASDAQ: LULU) is closing out the week of Dec. 20, 2025 with a rare combination of catalysts that can move a stock fast: a CEO exit and succession search, better-than-expected quarterly results, an expanded buyback authorization, and a reported $1+ billion activist stake from Elliott Investment Management. The headlines helped reignite trading interest in LULU stock—but they…