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Once the darling of the athleisure fashion trend, Lululemon ( NASDAQ: LULU ) has been struggling to gain momentum in an industry saturated with competitors (Vuori, Alo Yoga) and by price-sensitive consumers hamstrung by inflation. The stock has lost 40% in value since the start of 2024 (vs +10% for the S&P 500) leaving Wall Street to wonder if there is any legroom left in Lululemon’s ( LULU ) trajectory. ...