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Business |ANALYSIS

Lululemon Athletica stock on the rise on 500 million dollar acquisition of Mirror

Lululemon Athletica stock started rising after hours on Tuesday, following news on the yoga fashion brand’sacquisition of Mirror, a home fitness business. The deal’s price tag is500 million dollars. The market sees this deal as a move by the fashion retailer to meet consumers where they are now (worldwide lockdowns have been a boon for all sorts...

1 Jul 2020