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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Lululemon Athletica Inc | NASDAQ:LULU | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 4.69 | 1.30% | 364.69 | 361.29 | 373.23 | 367.515 | 359.635 | 360.89 | 1,234,536 | 05:00:01 |
From Apr 2023 to Apr 2024
By Sabela Ojea
Lululemon Athletica is joining the S&P 500 index as it becomes one of the largest publicly traded companies in the U.S. with a market capitalization of $49 billion.
The company's addition to the S&P 500 will become effective on October 18.
The maker of workout gear will replace Activision Blizzard, acquired by Microsoft in a transaction completed on Friday, the S&P Dow Jones Indices said. The $75 billion merger just won the backing of U.K. competition authorities after the companies spent more than a year and a half trying to convince regulators to approve the deal.
Lululemon's sales and stock price have recently surged even as inflation-weary shoppers have cut back on purchases of clothing and other products in favor of travel and experiences.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
October 13, 2023 18:17 ET (22:17 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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