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Best Buy and Lululemon Stock Get a Power Boost From Fitness Trend

David Marino-Nachison

(LULU) (ticker: LULU), recently up 1.7% to $186.47 (ahead of the S&P 500’s 1.1% gain), launched a line of self-care products—including a shampoo and deodorant—targeting male and female athletes. Meanwhile, electronics retailer (BBY) (BBY), recently up 3.0% to $68.62, got a lift from news that it would begin selling “connected fitness products,” including Flywheel indoor cycles and Hydrow rowing machines. “There’s a growing intersection between fitness and technology, and no one knows tech like we do,” a Best Buy executive said in a statement.