Topline Shares of Peloton, a pandemic-era stock darling, tanked roughly 20% on Thursday after reporting a sixth consecutive quarter of losses, as the at-home fitness company continues to struggle with...
Tag: Peloton earnings
Peloton’s Dramatic Crash In 4 Charts
Peloton’s stock may have rebounded Friday, but it still has a long way to go to recover. Ezra Shaw/Getty Images Peloton shares are on a painful ride that keeps getting worse. The stock plunged 24% on ...
Peloton—Pandemic Stock Darling—Reportedly Halts Production Of Fitness Products, Shares Plunge Nearly 20%
Topline Shares of Peloton—which surged during the pandemic as house-bound consumers grasped for ways to stay healthy—plunged nearly 20% on Thursday after reports that the company will temporarily halt...