Exercise machine maker Peloton saw its shares tumble 25% on Thursday after the company reported a wider-than-expected loss in the second quarter and cut its full-year outlook. For the first quarter the company reported a loss per share of $1.25 compared to $1.07 that was expected per Refinitiv. Revenue at $805.2 million was also lower … Continue reading “Peloton Shares Plummet as Company Posts Wider Than Expected Loss in Q1”
Tag: peloton earnings
Peloton is Recalling All of its Treadmills For This Reason
Many Peloton fans and users may have woken up concerned to learn that the company…
May 5, 2021
Company News
Peloton is Getting a Boost in Sales Due to Coronavirus
Exercise machine maker Peloton has cited that a recent spike in Covid-19 cases and lockdowns…
November 7, 2020
Hot Stocks
Coronavirus Helps Peloton Shares Explode
With the coronavirus pandemic having more people staying indoors, sales of fitness equipment have been…
May 8, 2020