Speculation of a takeover has again pushed shares of lululemon (LULU) higher. The stock is rallying after chatter passed through trading desks that the yoga pant maker could be a target for private equity firms, according to trading sources. The company is no stranger to takeover speculation.

The Fly, in fulfilling its mission of explaining stock movement, often comes across the many unconfirmed rumors being passed through trading desks and social media platforms. On the occasion that rumors or speculation appear on The Fly's news feed, it should be viewed not as giving credence to the conjecture, rather as simply highlighting its impact on the stock prices of the companies involved.

Shares of lululemon are up 1.5% to $60.28 and are near their session highs in morning trading.

In midday trading, SanDisk is up 49c, or about 1%, to $52.14.