BUZZ-Lulu's parent jumps on strategic review - LVLU News | RalliesBUZZ-Lulu's parent jumps on strategic review
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LVLU• Lulu's parent jumps after strategic review announcement
- Fashion retailer Lulu's parent company, Lulu's Fashion Lounge, LVLU.O, jumps 26.9% to $10.56 in premarket trading.
- Stock set to open at about a two-month high if gains hold.
- Company announced a review of strategic alternatives late on Monday.
- It may include a possible deal or standalone plan.
- Up to the last close, the stock is up 59.4% year to date.
