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.