Lululemon stock price slides before the bell as founder Chip Wilson files fresh proxy push
Lululemon shares fell about 2.3% to $172.13 in premarket trading Tuesday after founder Chip Wilson and allies filed new proxy materials seeking board changes. The stock dropped 4.9% Monday, extending a year-long decline. Wilson’s group disclosed ownership of nearly 10 million shares and plans to nominate directors at the 2026 annual meeting. The company is searching for a permanent CEO after Calvin McDonald stepped down.