Weekly Recap: Q2 revenue decline and analyst cuts and underperform starts

lululemon athletica inc. (NASDAQ:LULU) warned on weaker demand as Q2 revenue fell to $2.4B with comps down 10% and management cut full-year EPS guidance to $9.48—$9.73, prompting analysts to slash price targets and underperform calls while investor Michael Burry flags LULU as a potential buyout ami…