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://ift.tt/sKkYQyR 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. https://ift.tt/sKkYQyR https://ift.tt/q31Ky2v Markets November 5, 2021 at 07:18AM
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