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2025-12-18
01:07
Elliott Management Builds $1B+ Stake in Lululemon (LULU), Backs Jane Nielsen as CEO Candidate — Trading Alert

According to @StockMKTNewz, activist investor Elliott Management has accumulated a stake exceeding $1 billion in Lululemon (LULU) and is working with veteran retail executive Jane Nielsen, former CFO and COO at Ralph Lauren, as a potential CEO candidate, The Wall Street Journal reported. The Wall Street Journal report cited by @StockMKTNewz states Elliott has been working closely with Nielsen as a prospective Lululemon CEO candidate. Neither @StockMKTNewz nor The Wall Street Journal mentioned any direct cryptocurrency market impact or digital asset exposure related to Lululemon.

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