BUZZ-Lulu's parent jumps on strategic review

Lulu's Fashion Lounge Holdings, Inc.

Lulu's Fashion Lounge Holdings, Inc.

LVLU

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** Fashion retailer Lulu's parent company, Lulu's Fashion Lounge LVLU.O, jumps 26.9% to $10.56 in premarket trading

** Stock set to open at about two-month high if gains hold

** Co announced review of strategic alternatives late on Monday

** It may include possible deal or standalone plan

** Up to last close, stock is up 59.4% YTD