Lululemon Stock Drops 18% Amid Sluggish Sales; Broadcom Soars on Strong Earnings

Reported about 14 hours ago

On September 5, 2025, the S&P 500 fell 0.3% as a disappointing employment report raised concerns about the U.S. economy. Lululemon shares plummeted over 18% after the company lowered its sales forecast due to weak same-store sales. In contrast, Broadcom's stock surged 9.4% following a strong quarterly earnings report driven by robust AI demand. Other notable movements included Kenvue and AMD, which saw significant drops after negative news and analyst downgrades, respectively.

Source: YAHOO

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