CNN New Day With John Berman and Brianna Keilar January 21, 2022 11:30:00
Their stay at home shell. peloton first. it lost a third after rumors of a big drop in demand for bikes. john foley confirmed there could be layoffs and what he called a production reset. he acknowledged peloton is considering all options. it is because cnbc revealed leaked documents to temporarily pause productions of bikes and treadmills after blistering demand the company found itself with too much inventory. and stock of another pandemic winner, netflix, dropped about 20%, down 20% after hours. fewer new subscribers in the fourth quarter. they will not add as many in the first quarter as e...
Source: archive.org