Armistice Capital Llc Sold The Majority Of Its Lululemon Shares
Global hedge fund Armistice Capital made headlines when it sold its holdings in Lululemon Athletica Inc. (NASDAQ: LULU). Sources reported the investment firm lessened its holdings by 88.5% in the fourth quarter of 2022. The estimated number of shares sold was 231,475, leaving Armistice Capital with just 30,000 shares, worth $9,611,000 at the time. The shares …