Peloton’s turnaround will take a while, new CEO Barry McCarthy warned shareholders on the company’s earnings Tuesday, adding that the company was “thinly capitalized for a business o...
Tag: Thinly
Peloton Shares Plunge As CEO Warns Fitness Company Is ‘Thinly Capitalized’
Topline Shares of Peloton cratered nearly 20% on Tuesday after dismal quarterly earnings that showed the at-home fitness company is continuing to lose money at a torrid pace, with recently appointed C...
Bitcoin Sees ‘Bart Simpson’ Pattern During Thinly Traded Asian Session
The “Bart Simpson” price pattern, resembling the cartoon character’s hairstyle, made a comeback to the bitcoin (BTC) market early Wednesday as the cryptocurrency saw a quick rise and...