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


Peloton shares drop 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://foxbusiness.com/markets/peloton-shares-skid-pandemic-uncertainty-outlook
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