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Yes; it unfortunately had an unintended consequence though. People realize that Lulu is high quality, however Costco-equivalents (such as Kirkland labeled products) are also known to be high quality, therefore when the latter is sold at 1/5th the cost it heavily undermines the actual value of the non-Kirkland products. Basically - why pay 5x when Kirkland is just as good? That, combined with high volume is what makes Costco very compelling to consumers.
The lawsuit essentially created a Streisand effect for Lululemon, and caused buyers to seek out the Costco-equivalent at better prices.
getting absolutely railed by HOOD. -7% on a fkn day? right before earnings? Its prob gonna bleed until earnings tmr and if they beat right back to fkn Break even
I have 20 calls expiring November 28th. And another 20 expiring January 16th. No leaps unfortunately, and I am very much in an uncertain and risky position - there's quite a bit more I can still lose I think in max 1 week I will need to cut my losses on the November calls if we don't get a reversal.