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Why Lululemon and Macy's Crashed While Abercrombie Soared on Monday

Bloated inventories and consumer pullback on discretionary purchases will be a story to follow.

By Neil Rozenbaum – Jan 10, 2023 at 9:47AM EST

In this video, I will talk about why Lululemon (LULU 0.21%) and Macy's (M +0.42%) crashed while Abercrombie (ANF 2.64%) soared on Monday, and what it could tell us about things to come in 2023.

For the full insights, watch the video, consider subscribing, and click the special offer link below.

*Stock prices used were from the trading day of Jan. 9, 2023. The video was published on Jan. 9, 2023.

Read Next

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lululemon Athletica. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Lululemon Athletica Inc. Stock Quote
Lululemon Athletica Inc.
NASDAQ: LULU
$157.86
(-0.21%)-$0.33
Macy's Stock Quote
Macy's
NYSE: M
$17.03
(+0.27%)+$0.05
Abercrombie & Fitch Stock Quote
Abercrombie & Fitch
NYSE: ANF
$81.86
(-2.64%)-$2.22

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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