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The Score: Lululemon, Tesla, Delta, Nike and More Stocks That Defined the Week
The Score is a weekly review of the biggest stock moves and the news that drove them.Lululemon's founder is launching a proxy fight to overhaul the athletic-apparel company.Chip Wilson said Monday that he had nominated three director candidates to the board as Lululemon searches for a new chief executive, confirming an earlier report by The Wall Street Journal.The nominees are former On Running co-CEO Marc Maurer, former ESPN Chief Marketing Officer Laura Gentile and former Activision CEO Eric Hirshberg.The Journal had previously reported that Wilson had hired financial advisers and was considering waging a proxy battle.Elliott Investment Management has also been pushing for changes since it built a stake of more than $1 billion. The activist-investment firm has been pushing for former Ralph Lauren executive Jane Nielsen to take the reins as CEO, the Journal reported earlier in December.The weather-related snafus ramped up over the weekend. Nearly 300 flights to or from New York's John
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