Trending FOX BUSINESS 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 Markets
https://ift.tt/Ug8Z4bk

Comments

Popular posts from this blog

Trending FOX BUSINESS News: Senate GOP blocks Democratic bill to fund government, raise debt ceiling

Trending FOX BUSINESS News: Global stocks eyeing all-time high while dollar, US bond yields remain sluggish