Lululemon stock today: LULU climbs after founder Chip Wilson kicks off board challenge
NEW YORK, December 29, 2025, 20:04 ET — Market closed. Lululemon Athletica Inc (LULU) shares gained 1.7% to close at $212.54 on Monday after founder Chip Wilson moved to challenge the board, opening the door to a proxy fight over director seats. Nasdaq+1 The governance clash lands as the athletic-apparel maker searches for its next chief executive after disclosing earlier this month that CEO Calvin McDonald would step down in January without naming a successor. Activist hedge fund Elliott Management has also amassed a stake of more than $1 billion, Reuters reported. Reuters+1 A proxy fight is a campaign to