Shares of Lululemon Athletica Inc. (LULU) are falling around 8 percent in Friday morning trading, possibly due to the company's announcement yesterday regarding lower first-quarter earnings as margin pressure and weaker performance in the Americas offset strong international growth.
The company's stock is currently trading at $114.52, down 8.44 percent or $10.42, over the previous close of $124.92 on the Nasdaq. It has traded between $109.36 and $338.49 in the past one year.
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