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Lululemon Falls on China Business; Tesla Cybercab Service | Stock Movers
Lululemon shares fell due to weakening performance in its China market, where mainland revenue declined 2% in Q2 after currency adjustments. Tesla stock declined following the formal rollout of its Cybercab robotaxi service, which drew immediate scrutiny from the NHTSA over safety certification procedures. Robinhood also dropped after AMC Entertainment's CEO criticized the platform for launching tokenized shares of the theater chain.
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