Lululemon (LULU -3.5%) trades moderately lower after TheStreetSweeper.com issues a negative...

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

Lululemon (LULU -3.5%) trades moderately lower after TheStreetSweeper.com issues a negative report on the retailer. The bearish take from the firm is hinged on anecdotal evidence of increased promotional activity at stores that is deemed an uncontrollable spiral.