The New York Entrepreneur

Peloton shares fall after company posts huge loss and offers weak guidance

Read Time:8 Second

Peloton reported a wider-than-expected quarterly loss and a steep decline in sales, as inventory piled up in warehouses and ate away at the company’s cash. 

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post Roblox shares sink on disappointing revenue and wider-than-expected loss
Next post Pfizer deal will help expand reach of migraine pill Nurtec, Biohaven CEO says