Stock Movers Lululemon Gains, LyondellBasell Rises, Gemini Drops After Citi Cuts Price Target
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Mar 18, 2026 Natalia Kenejievich, Bloomberg reporter and market commentator covering retail, chemicals and crypto. She breaks down Lululemon’s revenue miss and CEO uncertainty. She explains UBS’s upgrade of LyondellBasell amid Middle East supply risks. She covers Gemini’s steep drop after Citi’s rating and Bitcoin forecast cuts.
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Lululemon Struggles In U.S. Despite China Strength
- Lululemon's U.S. reset is dragging overall results despite strong China sales.
- Natalia Kenejievich highlights net revenue miss in Americas and a full-year revenue forecast well below analyst expectations driving investor concern.
CEO Vacancy Undermines Lululemon Turnaround
- Leadership uncertainty is amplifying investor skepticism and depressing conviction in the stock.
- Analysts, including Jefferies, say absence of a credible permanent CEO leaves Lululemon looking like "dead money" until management is resolved.
LyondellBasell Outlook Brightens On Middle East Supply Risk
- LyondellBasell gains from UBS upgrade amid concerns about Middle East supply disruptions.
- UBS moved the rating to neutral and lifted the target from $42 to $73, citing potential 2026 free cash flow if Middle East constraints persist.