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☆ Signs of a sector rotation — plus 2 more themes to watch in the stock market
▼ + stars: | 2023-12-02 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Historically, November is the best month of the year for the stock market, and December is third, according to the Stock Trader's Almanac. Under the surface this week, we also saw signs of a possible market rotation in the works. Rotation watch : We must look to next week's trading for confirmation that we're in the grips of a rotation or simply a head fake. Signs of the former were on display this week as the two of the biggest sector winners of the year, communication services and technology , trailed the market. Jobs, jobs, jobs : The most important release of the week comes Friday in the form of the November nonfarm payrolls report.

Persons: Jerome Powell, That's, Locker, it's, Hock Tan, We'll, Joann, JOAN, JM Smucker, OLLI, Campbell Soup, Brown, Forman, LULU, Smith, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Wall, Dow, Nasdaq, Federal, Broadcom, Marvell Technology, Cisco Systems, VMWare, Club, PMI, Labor, Signet Jewelers, SIG, Brands, Toll, Thor Industries, Natural Foods, GameStop, Vail Resorts, MTN, Smith & Wesson, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Asana, ASAN, New York City

☆ What to wear to your office holiday party this year, according to a stylist
▼ + stars: | 2023-12-01 | by ( Amanda Krause | ) www.businessinsider.com time to read: +5 min

Ahead of the holidays, you might be wondering what to wear for your job's office party. She suggests staying away from sequins, wearing velvet, and utilizing powerful accessories. AdvertisementDecember is here: the season of gifts, snow, and work holiday parties. "It gives that holiday look without being too over the top." It just adds a little something different, because most people are used to wearing festive dark colors.

Persons: Kenzie Welch, —, Sveva Alviti, Valentina Frugiuele, Welch, sequins Welch, it's, Lulu's, Mango, Nana Jacqueline Organizations: Service, Alberta Ferretti Locations: sequins, Alberta, Milan, Italy, TikTok

☆ 'Dupes' clothing, perfume craze lures holiday shoppers as major brands fret
▼ + stars: | 2023-11-20 | by ( Katherine Masters | ) www.reuters.com time to read: +7 min

Hashtag searches for dupes of major brands - including Skims underwear and Deckers' (DECK.N) Ugg boots - have been viewed millions of times on TikTok. Graphic shows pictures of four original products and their original prices under named brands compared with the prices of their 'dupe' counterparts. Newer technologies like the Google Lens app allow people to take photos of items they like and find similar products for sale. In other cases, dupe sellers opt to replicate the look of higher-priced originals with cheaper materials to maximize profit. However, experts say dupe sellers have grown increasingly skilled at avoiding brand logos and other design features that could infringe existing patents or copyrights.

Persons: Lauren Maginness, Shannon Stapleton, Maginness, Estee, Tom Ford, Dupes, “, ”, Penny Pincher, Leslie Ghize, Doneger Tobe, Calvin McDonald, Ian Taplin, Juozas Kaziukenas, Kaziukenas, Maria Boschetti, Mike Scheschuk, Birkenstock, Katherine Masters, Dorothy Kam, Vanessa O'Connell, Rod Nickel, Matthew Lewis Organizations: REUTERS, Abercrombie, Fitch, Scout, Walmart, Department, Nordstrom, Circana Inc, COMMERCE, Wake Forest University, eBay, Google, HK, Amazon, New, Thomson Locations: New York City, U.S, Hong Kong, TikTok, Los Angeles, Zara, Italy, New York

☆ The Critics Scoffed. Nora Roberts Just Kept Writing.
▼ + stars: | 2023-11-18 | by ( Lulu Garcia-Navarro | ) www.nytimes.com time to read: +2 min

It’s no exaggeration to say that the writer Nora Roberts has shaped how generations of people, especially women, think about relationships and sex — not to mention, what makes a great story. Before Roberts, the romance genre was dominated by tepid and virginal women who were overpowered by brooding men. As one romance critic told me, “Nora Roberts is the sun” around which the entire genre orbits. I was a teenager when I started sneaking into my older sister’s room to steal her Nora Roberts books. Love in a Nora Roberts book wasn’t about conquest and submission, as it was in most romance novels at the time, but rather about equality and partnership.

Persons: Nora Roberts, Roberts, procedurals, J.D, Robb, “ Nora Roberts, she’s, ” Organizations: New York Times

☆ I was one of the lucky few to escape Gaza. Here’s how I fled for my life
▼ + stars: | 2023-11-10 | by ( Nadeen Ebrahim | Ibrahim Dahman | ) edition.cnn.com time to read: +8 min

Cairo, Egypt CNN —My wife woke me up early on Saturday, October 7, saying there were sounds of rocket fire outside. CNN producer Ibrahim Dahman is pictured with his wife, Rasha, and two children, Zeid and Khalil, in Khan Younis, Gaza on October 15. I found a car and headed towards Khan Younis, a city close to the Egyptian border in the south, hoping to stay at the Crescent Hotel there. A life of danger and exhaustionWe stayed in Khan Younis for three weeks. In Khan Younis, I was afraid to sleep, worried I would die in my sleep, unable to save myself or my family.

Persons: Egypt CNN —, – Zeid, Khalil, —, Rasha, Israel, Ibrahim Dahman, Zeid, Khan, Khan Younis, Abeer Salman, Asmaa Khalil, Housam Ahmed, Mary Rogers, Sarah El Sirgany, Lulu, I’ve Organizations: Egypt CNN, CNN, Shifa, Gaza’s, Hamas, Jalaa, Missiles, American Locations: Cairo, Egypt, Gaza, Israel, CNN Gaza, retaliating, Khan Younis, Jerusalem, Al, Amal, Hilal, Khan, Rafah, Palestinian

The world's biggest shopping event happens in China each year - and it's called Singles Day. WHEN DID THE IDEA OF SINGLES DAY ORIGINATE? The idea for Singles Day had originated at China's Nanjing University back in 1993 and was originally called "Bachelor's Day." Cyber Monday immediately follows Black Friday, which falls on the day after the U.S. Thanksgiving Day holiday, the busiest shopping day of the year in the United States. "The presale period of Tmall and particularly on -- in general, the Singles Day, confirms a softer trend versus a year ago," said Estee Lauder CEO Fabrizio Freda last week, adding that the company was more optimistic about the next part of the Singles Day events in November.

Persons: it's, Bain, Jacob Cooke, Pinduoduo, Cooke, Estee Lauder, Nike, JD.com, Fabrizio Freda, Nicolas Hieronimus, Hieronimus, Granth, Aditya Soni, Diane Craft Organizations: China's Nanjing University, Adobe Analytics, U.S, Reuters, Technologies, Cyber, HK, PDD Holdings, Adobe, Bain, HOPE, Nike, Procter & Gamble, Apple, L'Oreal, Thomson Locations: China, United States, Beijing, Greater China, Bengaluru

REUTERS/Mohammad Ponir Hossain/File photo Acquire Licensing RightsNEW DELHI, Nov 9 (Reuters) - Global fashion retailers including H&M (HMb.ST) and Gap (GPS.N) are committed to raising purchase prices for Bangladesh-made clothing to help factories there offset higher workers' wages, a U.S.-based association representing more than 1,000 brands said. Asked if they would raise purchase prices by the 5-6% that costs will rise, Stephen Lamar, chief executive of the American Apparel & Footwear Association (AAFA), told Reuters: "Absolutely". "We also renew our pleas for the adoption of an annual minimum wage review mechanism so that Bangladeshi workers are not disadvantaged by changing macroeconomic conditions." Low wages have helped Bangladesh build its garment industry, which employs about 4 million people. Retailers in the United States and Europe are the main buyers of Bangladesh-made clothes.

Persons: Mohammad Ponir Hossain, Stephen Lamar, Lamar, Sheikh Hasina, Hasina, Krishna N, Ruma Paul, Miral Organizations: The Civil Engineering, REUTERS, Labour, American Apparel & Footwear Association, Reuters, International Labour Organization, Abercrombie & Fitch, Bangladesh, Retailers, Thomson Locations: Dhaka, Bangladesh, DELHI, U.S, China, Vietnam, Cambodia, United States, Europe

☆ 'She Shreds': Skateboarding Girls up Their Game at California Contest
▼ + stars: | 2023-11-09 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +4 min

At the 12th annual Exposure Skate competition this month in the California beach town of Encinitas, girls under 10 and in their teens were shredding. "I hope girls' skateboarding improves even more and we can push each other and beat the boys," Suganami added with a laugh. Parents of the skateboarding girls are equally stoked by the expertise and the attention. "They are missing that girls are the future of skateboarding and girls can be good at skateboarding too," said Lulu Johnson. "So what you will see if you go to a skate park or skateboarding contest, is the competitors are cheering each other, supporting each other.

Persons: Mike Blake ENCINITAS, Cona Suganami, Suganami, Amelia Brodka, Brodka, Tony Hawk, Hawk, Lauren Wigo, Marisol Concha, Lisa Lilley, Ruby, Lilley, Mindy Johnson, Lulu, Lulu Johnson, extol, Mike Blake, Mary Milliken, Lincoln Organizations: Reuters Locations: Mike Blake ENCINITAS , California, California, Encinitas, Tokyo, Poland, Park, New York City, Oceanside , California, Minnesota

Persons: Jordyn Barratt, Mike Blake, Cona Suganami, Suganami, Amelia Brodka, Brodka, Tony Hawk, Hawk, Lauren Wigo, Marisol Concha, Lisa Lilley, Ruby, Lilley, Mindy Johnson, Lulu, Lulu Johnson, extol, Mary Milliken, Lincoln Organizations: REUTERS, Reuters, Thomson Locations: Hawaii, Encinitas , California, U.S, , California, California, Encinitas, Tokyo, Poland, Park, New York City, Oceanside , California, Minnesota

[1/5] Garment workers come out of a factory during lunch hours at the Ashulia area, outskirts of Dhaka, Bangladesh, November 8, 2023. A panel of factory owners, union leaders and officials agreed to the increase unanimously, said Siddiqur Rahman, the owners' representative. "We continue to recommend that the government of Bangladesh adopt an annual minimum wage review mechanism to keep up with changing macroeconomic factors," the letter said. In addition to the wage increase, the government has said that workers would be given a 5% annual increment. Babul Akter, president of the Bangladesh Garment and Industrial Workers Federation, urged global brands to pay more, saying: "There could be some problems for the owners to cope with the increased salaries."

Persons: Mohammad Ponir Hossain, Siddiqur Rahman, Rahman, Inditex, Hugo Boss, Fazlul Hoque, Hoque, Levi Strauss, Armour, Sheikh Hasina, Akter, Abdus Salam Murshedy, Murshedy, Krishna N, Ruma Paul, Miral Organizations: REUTERS, Rights DHAKA, Reuters, Inc, Knitwear Manufacturers, Association, Labour, Abercrombie & Fitch, Adidas, Puma, Bangladesh Garment and Industrial Workers Federation, Envoy Group, Walmart, Hasina's Awami League, Das, Thomson Locations: Dhaka, Bangladesh, DELHI, China, Zara, Ukraine, New Delhi

The lawsuits said that several New Balance athletic shoes and Skechers sneakers misuse Nike's patented "Flyknit" technology for running, soccer and basketball shoes. Nike has previously sued Adidas (ADSGn.DE), Puma (PUMG.DE) and Lululemon (LULU.O) for infringing Flyknit patents. Representatives for Nike, New Balance and Skechers did not immediately respond to requests for comment on the Monday lawsuits. Nike sued Manhattan Beach, California-based Skechers in Los Angeles, claiming that shoes, including Skechers' Ultra Flex and Glide Step brands, infringed on its patents. Nike asked the courts for an unspecified amount of money damages and court orders permanently blocking New Balance and Skechers from infringing the patents.

Persons: Carlo Allegri, Lululemon, Skechers, Blake Brittain, David Bario, Aurora Ellis Organizations: Nike, REUTERS, Footwear, New, Adidas, Puma, Boston, Manhattan, Thomson Locations: New York , New York, U.S, Beaverton , Oregon, Massachusetts, Manhattan Beach , California, Los Angeles, Washington

☆ Everything is lining up right for these stocks, according to Piper Sandler
▼ + stars: | 2023-11-03 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

As the market gets off to a strong start for the new month, Piper Sandler sees the stars aligning for certain stocks. All stocks on the Piper Sandler list have an overweight rating. Piper Sandler's high-conviction list comes as stocks head for their best week of the year . E-commerce giant Amazon made the Piper Sandler list, underpinned by both its earnings growth and momentum heading into future results. The firm also noted that Amazon stock is headed toward its 52-week high and could break out above $146 per share.

Persons: Piper Sandler, Piper Sandler's, Thomas Champion, Lululemon, LULU, Abbie Zvejnieks, Zvejnieks, Amgen, Christopher Raymond, Raymond Organizations: Federal Locations: American, ecommerce

Allison Benedikt andThe battle over aid to Israel continues to heat up in Washington. While President Biden has proposed a $105 billion package that would distribute aid to Israel, Ukraine and other corners of the world, Mike Johnson, the newly-elected Republican House Speaker, has put forth a package that only addresses aid to Israel. Karoun Demirjian, a congressional correspondent in The Times’s Washington bureau, gives Lulu Garcia-Navarro an update on the state of the aid package, and describes the scene from a divided D.C. To help bring you the most up-to-date developments, we’ve begun “The Headlines: War Briefing,” where you’ll hear the latest from our correspondents on the ground every afternoon. Hosted by Lulu Garcia-Navarro.

Persons: Allison Benedikt, Biden, Mike Johnson, Karoun, Lulu Garcia, Navarro, we’ve Organizations: Republican, Speaker Locations: Israel, Washington, Ukraine, Times’s Washington

After a weekend of debilitating airstrikes and a communications blackout, the Israeli military moved deeper into Gaza, and appeared to be approaching Gaza City from at least three sides. Since Israel’s ground invasion began, Yousur Al-Hlou, a Times video journalist, has been in touch with residents of Gaza City. Al-Hlou shares what she has heard from those she has been able to reach, often via WhatsApp voice messages. The Israel-Hamas war is evolving by the minute. To help bring you the most up-to-date developments, we’re beginning “The Headlines: War Briefing,” where you’ll hear the latest from our correspondents on the ground every afternoon.

Persons: Yousur Al, Lulu Garcia, Navarro Organizations: Times Locations: Gaza, Gaza City, Israel

Alo Yoga founders Danny Harris and Marco DeGeorge have hired investment bank Moelis (MC.N) to advise on options that include selling a stake in the company, the sources said. No transaction structure has been agreed, and it is possible that Alo Yoga decides against any deal, said the sources, who requested anonymity because the matter is confidential. Spokespeople for Alo Yoga and Moelis declined to comment. Alo Yoga is part of Harris and DeGeorge's company Color Image Apparel, which also includes their Bella+Canvas brand. Kim Kardashian’s underwear brand Skims, which sells active and loungewear, also raised financing this year at a roughly $4 billion valuation.

Persons: Alo Yoga's, Alo Yoga, Danny Harris, Marco DeGeorge, Alo, Taylor Swift, Katie Holmes, Hailey Bieber, Kendall Jenner, Harris, Dealmaking, Kim, Abigail Summerville, Leslie Adler Organizations: Nike, Wall Street Journal, SoftBank Group Corp, Thomson Locations: U.S, Harris, Los Angeles, athleisure, New York

There are fears that the Israel-Hamas war could expand into the West Bank, an already combustible and tense region, where the Israeli military has just carried out another round of arrests. Jeffrey Gettleman, an international correspondent, has been reporting from the West Bank. He tells Lulu Garcia-Navarro that “this is the most polarizing moment” he’s ever witnessed in the region. The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter.

Persons: Jeffrey Gettleman, Lulu Garcia, Navarro, he’s Organizations: West Bank, New York Times Locations: Israel

The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter. The New York Times on Monday published an editors’ note about its coverage of an explosion on Oct. 17 at a hospital in Gaza City. The initial report, which included a large headline across The Times’s website, led with claims by Hamas government officials that the explosion was caused by an Israeli airstrike. According to the editors’ note, however, The Times’s initial accounts “relied too heavily on claims by Hamas, and did not make clear that those claims could not immediately be verified.”The note continued: “The report left readers with an incorrect impression about what was known and how credible the account was.”Joe Kahn, the executive editor of The Times, speaks with Lulu Garcia-Navarro about the editors’ note and how The Times plans to cover the widening conflict between Israel and Hamas.

Persons: ” Joe Kahn, Lulu Garcia, Navarro Organizations: New York Times, The Times, Times Locations: Gaza City, Israel

☆ China's Singles Day sales festival wraps up with e-commerce giants reporting sales growth
▼ + stars: | 2023-10-21 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +3 min

SHANGHAI, Nov 12 (Reuters) - Alibaba Group (9988.HK) reported that its Chinese e-commerce platforms Tmall and Taobao recorded "positive" year-on-year growth over this year's Singles Day sales period, which wrapped up at midnight on Saturday. Meanwhile competitor JD.com (9618.HK) said its festival GMV (gross merchandising volume) hit a "record high" over the sales period. A Bain and Company report released last week found that 77% of the 3,000 consumers it surveyed had planned to spend less or the same on Singles Day compared with last year. Though several consultancies were predicting Singles Day GMV growth across platforms would reach anywhere from 14% to 18% - returning to double-digit growth for the first time since the pandemic - the final sales picture will take longer to energe. Colour cosmetics, traditionally a strong performer throughout the Singles Day sales period, were expected to struggle this year as make-up demand remains low almost a year after China lifted strict COVID-19 restrictions.

Persons: Taobao, JD.com, Alibaba, Bain, Casey Hall, Simon Cameron, Moore Organizations: Alibaba, HK, PDD Holdings, Company, Nike, Thomson Locations: SHANGHAI, China

The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter. In the nearly two weeks since Hamas attacked Israel, a ground invasion of the Gaza Strip by the Israeli military has seemed inevitable. As Israeli troops and tanks mass near Gaza, Patrick Kingsley, our Jerusalem bureau chief, speaks to Lulu Garcia-Navarro about the expected invasion.

Persons: Patrick Kingsley, Lulu Garcia, Navarro Organizations: New York Times Locations: Israel, Gaza, Jerusalem

☆ Wall Street ends up on earnings optimism; eyes remain on Middle East
▼ + stars: | 2023-10-16 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. Consumer discretionary (.SPLRCD) led gains among S&P 500 sectors, although all of the sectors were higher on the day. Third-quarter earnings for S&P 500 companies are estimated to have increased 2.2% year-over-year, up from an estimated increase of 1.3% a week earlier, according to LSEG data Friday. At the same time, global leaders are trying to make sure that the Middle East conflict "remains contained," she said. The S&P 500 posted 11 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 33 new highs and 206 new lows.

Persons: Brendan McDermid, Charles Schwab, Russell, Goldman Sachs, Morgan Stanley, Johnson, Quincy Krosby, Patrick Harker, Lululemon, Ankika Biswas, Shashwat Chauhan, Arun Koyyur, Vinay Dwivedi, Aurora Ellis Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Major U.S, Bank of America, Johnson, Netflix, Dow Jones, York, Philadelphia Fed, Activision Blizzard, NYSE, Thomson Locations: New York City, U.S, Major, Gaza, Charlotte , North Carolina, Bengaluru

Consumer discretionary (.SPLRCD) and materials (.SPLRCM) led the gains across major S&P 500 sectors, while utilities (.SPLRCU) and energy stocks (.SPNY) lagged behind. Third-quarter earnings for S&P 500 companies are estimated to grow 2.2% year-on-year, LSEG data showed on Friday. Investors also await economic data including retail sales for September and the Philly Fed Business Index for October later this week. Lululemon Athletica (LULU.O) added 9.6% as the sportswear apparel maker is set to join the S&P 500 index this week, replacing Activision Blizzard . The S&P index recorded nine new 52-week highs and six new lows, while the Nasdaq recorded 29 new highs and 148 new lows.

Persons: Brendan McDermid, Charles Schwab, Dow, Ross Mayfield, Baird, Goldman Sachs, Morgan Stanley, Johnson, Jerome Powell's, Patrick Harker, Lululemon, Ankika Biswas, Shashwat Chauhan, Arun Koyyur, Vinay Dwivedi Organizations: New York Stock Exchange, REUTERS, Moderna, Dow, Nasdaq, Microsoft, Bank of America, Johnson, Tesla, Netflix, Investors, Philly, Dow Jones, Federal, Fed, Philadelphia Fed, Apple, Activision Blizzard, NYSE, Thomson Locations: New York City, U.S, Israel, Gaza, New York State, China, Bengaluru

The logo for Lululemon Athletica is seen at a store in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Oct 16 (Reuters) - Lululemon Athletica's (LULU.O) stock jumped by more than 10% to an almost two-year high on Monday buoyed by the addition of the Canadian sportswear maker into the Wall Street benchmark S&P 500 index. Inclusion of a company into the S&P 500 usually causes demand for its shares to jump as mutual fund managers and other institutional investors tracking the index begin adding the stock to their portfolios. The stock is now up nearly 30% year-to-date, giving the company a market capitalization of more than $52 billion. In September, Lululemon agreed to a deal with Peloton Interactive (PTON.O) to become the primary athletic-apparel maker for the U.S. fitness bike manufacturer.

Persons: Andrew Kelly, Dow Jones, Lululemon, Chibuike Oguh, Lance Tupper, Sharon Singleton Organizations: REUTERS, Activision Blizzard, Microsoft, Interactive, Lululemon, Thomson Locations: Manhattan , New York, U.S, New York

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. The S&P 500 and the Nasdaq dropped on Friday as deteriorating consumer sentiment data and the Middle East conflict kept investors away from riskier bets and overshadowed some upbeat earnings from big U.S. banks. Third-quarter earnings for the S&P 500 companies are estimated to grow 2.2% on an annual basis, LSEG data showed. Of the 32 S&P 500 companies that have reported results, 87.5% have surpassed expectations compared with the long-term average of 66.5%. Rival Moderna (MRNA.O) dipped 5.1%Lululemon Athletica (LULU.O) added 5.8% as the sportswear apparel maker is set to join the S&P 500 index this week, replacing Activision Blizzard (ATVI.O).

Persons: Brendan McDermid, Antony Blinken, Pissouros, Goldman Sachs, Morgan Stanley, Johnson, Charles Schwab, Patrick Harker, Jerome Powell, Harker, Austan Goolsbee, Ankika Biswas, Shashwat Chauhan, Arun Koyyur, Vinay Dwivedi Organizations: New York Stock Exchange, REUTERS, Reuters, Pfizer, Dow, Nasdaq, Treasury, XM, Bank of America, Johnson, Tesla, Netflix, Philly, New York, Philadelphia Fed, Federal, Chicago Fed, Dow e, Nvidia, Activision Blizzard, Thomson Locations: New York City, U.S, China, Israel, Gaza, United States, Bengaluru

☆ Lululemon to join the S&P 500 Wednesday. How to play the stock right now
▼ + stars: | 2023-10-16 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions to Lululemon from investors and analysts following the athleisure clothing company's ascension to the S & P 500 effective Wednesday. The i ndex change was announced Friday . Lululemon is replacing Activision Blizzard, which was acquired by Microsoft Friday in a much-delayed, $69 billion deal. LULU stock is up 25% year-to-date and joins 22 other S & P 500 companies that are officially based outside of the U.S. — and the only one based in Canada. LULU soared during Monday's session to close the trading day up 10.3%.

Persons: Lululemon, LULU Organizations: Activision Blizzard, Microsoft, — Locations: Canada

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