Shares of Lululemon Athletica inc. (NASDAQ:LULU) ended Wednesday session in green amid volatile trading. The shares closed up +0.82 points or 1.44% at $57.79 with 1.64 million shares getting traded. Post opening the session at $55.62, the shares hit an intraday low of $54.65 and an intraday high of $58.07 and the price vacillated in this range throughout the day. The company has a market cap of $8.10 billion and the numbers of outstanding shares have been calculated to be 127.26 million shares.
Lululemon Athletica inc. (LULU) designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. It operates through two segments, Company-Operated Stores and Direct To Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga and running; other sweaty pursuits; and athletic wear for female youth. It also provides fitness-related accessories, counting bags, socks, underwear, yoga mats, and water bottles.
Shares of Sealed Air Corp (NYSE:SEE) ended Wednesday session in green amid volatile trading. The shares closed up +0.57 points or 1.23% at $46.76 with 3.04 million shares getting traded. Post opening the session at $45.51, the shares hit an intraday low of $45.00 and an intraday high of $46.93 and the price vacillated in this range throughout the day. The company has a market cap of $9.08 billion and the numbers of outstanding shares have been calculated to be 193.31 million shares.
Sealed Air Corp (SEE) recently declared the launch of its StealthWrap™ ultra durable cartoning solution, a patented micro-layer, opaque cartoning alternative which allows primary package cartons to be protected for transit without the need for outer boxes or additional packaging materials.
The company also declared that XPO Logistics (XPO), a leading global provider of transportation and supply chain solutions, will be the first to bring this innovative packaging solution to market in the logistics industry. XPO is deploying StealthWrap™ in several distribution centers where it fulfills and ships e-commerce orders for customers.
StealthWrap™ is an exclusively engineered packaging product that provides security and protection while eliminating the need for extra shipping cartons and packing materials. When applied, StealthWrap™ shrinks and adheres to the dimensions of the product, obscures any markings or identification of the product inside, and provides a strong, damage-resistant covering.