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Peloton shares plunge 26% on weak holiday quarter, sluggish demand for splashy new products
Peloton's product overhaul was designed to bring in new customers and encourage existing members to trade up. Instead, shoppers turned away from higher prices.
Market skepticism is palpable. Over the last 30 days, Peloton shares have shed approximately 25% of their value. Currently trading at 3.75 euros, the stock sits significantly below its 52-week high of ...
Peloton saw its stock drop 22% on Wednesday after company leaders said a recent recall cost the company over $40 million. Peloton's stock dropped 22% on Wednesday after the company released its ...
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Peloton's new $4,000 AI bike just flopped — stock plunges as even loyal fans won't upgrade
Peloton built a shinier bike. Its customers shrugged. Shares of Peloton Interactive plunged 26% on Wednesday after the connected fitness company posted a holiday quarter that missed on nearly every ...
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