The shares of Lululemon Athletica Inc (NASDAQ:LULU) are down 7.2% to trade at $299.86, and earlier hit a 52-week low of $298.64, after the resignation of the athletic retailer's chief product officer. The company will not replace the role, instead creating a new team comprised of merchandising and brand functions leaders. The news came as a surprise, and sparked warning bells amongst analysts. Jefferies noted the adjustments could suggest weaker top-line results over next few quarters. Wedbush slashed its p ...