Deals
Lululemon Rises on Speculation Founder Will Seek Buyout
This article is for subscribers only.
Lululemon Athletica Inc. shares climbed the most in more than a month amid speculation that founder Chip Wilson will push for a sale of the yogawear company.
Lululemon’s stock rose as much as 4.3 percent to $41.94 in New York, the biggest intraday gain since May 13, after the Wall Street Journal reported that Wilson is considering selling his stake or working with private-equity firms on a buyout of the company.