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Credit: Rob Tannenbaum (The NASDAQ Stock Market, Inc.)
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FASHION NEWS AUGUST 2007
Rebecca Tay
Canadian News
All Things Lulu
Arguably the biggest Canadian fashion story this month was Lululemon Athletica’s hugely successful launch onto the American stock market. On Friday, July 27, the Vancouver-based company celebrated its initial public offering on NASDAQ, with founder Chip Wilson presiding over the market’s opening bell. Lululemon’s shares, trading under the symbol LULU, had an IPO price of USD$18.00/share. Since July 27, the stock’s all-time high was $38.85.
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