Lululemon crashes more than 20% to lowest level since 2018

Lululemon $LULU fell more than 20% after reporting weaker revenue trends and disappointing guidance.
The selloff pushed the stock to its lowest level since May 2018 and left shares roughly 81% below their all-time high.
The latest decline reinforces concerns around slowing growth, weaker demand and the company's ability to reset expectations under new leadership.
With the stock already deeply discounted from its peak, investors will be watching whether operating performance can stabilize before sentiment improves.