Skip to main content

FOX BIZ NEWS: Peloton shares skid as pandemic-related uncertainty weighs on outlook


Peloton shares skid as pandemic-related uncertainty weighs on outlook



Shares of Peloton have plunged as much as 30% in after-hours trading Thursday after the fitness equipment giant cut its full-year 2022 guidance due to a slow start to the second quarter and "challenged visibility" in its near-term operating performance as a result of uncertainty related to the COVID-19 pandemic.

via FOX BUSINESS NEWS https://ift.tt/3q82SyH
Labels:

Comments

Post a Comment

Popular posts from this blog

FOX BIZ NEWS: Exxon loses board seats to activist hedge fund in landmark climate vote

Exxon loses board seats to activist hedge fund in landmark climate vote A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund's nominated directors to the oil giant's board after a months-long battle over the company's carbon footprint and growth plans. via FOX BUSINESS NEWS https://ift.tt/34yCphP
Post a Comment
Read more

FOX BIZ NEWS: College students question Biden spending plans after learning of eye-popping national debt

College students question Biden spending plans after learning of eye-popping national debt A video from Campus Reform shows students questioning President Joe Biden's spending plans after learning the numbers on America's national debt via FOX BUSINESS NEWS https://ift.tt/3oj4Efn
Post a Comment
Read more

FOX BIZ NEWS: Bitcoin price turns around snapping recent skid

Bitcoin price turns around snapping recent skid via FOX BUSINESS NEWS https://ift.tt/31zgKaU
Post a Comment
Read more