Press "Enter" to skip to content

Posts published by “Dion Motsinger”

Peloton shares tumble after company offers weak holiday quarter outlook

Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey.Michael Loccisano | Getty ImagesPeloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue.The company's shares fell nearly 10% in morning trading Thursday. As…