Lululemon Athletica is trading at $99.44, down 4.44%, as consumer-discretionary stocks face earnings concerns and economic-data jitters.

  • Deckers’ weaker sales outlook and more promotional retail conditions are weighing on the sector.
  • A securities-law firm announced an investigation at 6:33 a.m. ET; its release did not connect it to the day’s share-price move.
  • The prior session closed at $104.06, up 7.80%; current intraday volume or trading activity was not provided.