Lululemon Falls on Tariffs News, Tractor Supply Rises, First Solar Drops
On this edition of Stock Movers:Lululemon (LU): Lululemon falls as President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariffs rates on key trading partners, including levies of 25% on goods from Japan and South Korea beginning Aug. 1. It comes after the president said he has reached an agreement with Vietnam, a key country for the athletic wear manufacturer, late last week.First Solar (FSLR): First Solar falls after Congress has set fast phaseouts for most of the Inflation Reduction Act’s signature clean energy tax credits. But while…
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