SanDisk Jumps 10%, Lululemon Crashes 17%: Stock Market Today

Impact · against what's priced in

The market is re-rating SanDisk and Astera Labs upward as AI infrastructure momentum exceeds previous conservative growth estimates, while Lululemon's crash confirms a deeper-than-expected consumer slump. However, the broader macro shift toward higher rates creates a headwind for valuation multiples across the board.

LULU−0.60

Challenges what's priced in

The price assumes

the bear case that domestic declines will accelerate beyond the guided 5% drop