EXEC: Peloton’s Stock Hits All-Time Low On Q4 Shortfall, Weak Outlook
Shares of Peloton fell $1.58, or 22.6 percent, on Wednesday to an all-time low of $5.41 after the connected fitness equipment maker posted a wider-than-expected fiscal-fourth-quarter loss and pushed back its cash-flow positive goal to 2024 after it failed to achieve it this year as expected earlier.
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed