Peloton Posts

Peloton Interactive Inc. and connected fitness.

November 5, 2021

Peloton reports wider-than-expected loss

Peloton shares tumbled more than 25% on Thursday, after the company reported weakening sales growth and a wider-than-expected loss in its fiscal first quarter.The company slashed its outlook for the full fiscal year amid softened demand for its exercise equipment and ongoing supply chain challenges

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