Shares of Lululemon (LULU) dip 1.2% premarket off of news that Chairman Dennis Wilson is looking...

|About: Lululemon Athletica Inc. (LULU)|By:, SA News Editor

Shares of Lululemon (LULU) dip 1.2% premarket off of news that Chairman Dennis Wilson is looking to sell up to 3.4M shares of the company. The buzz from traders is that the insider sale when combined with an ongoing CEO search gives the appearance that no one has a firm handle on the retailer's rudder.