Peloton Beats Sales Estimates. It Wasn't All Good News, Though.
At-home fitness company Peloton issues a disappointing outlook for fiscal third-quarter revenue.
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At-home fitness company Peloton issues a disappointing outlook for fiscal third-quarter revenue.
By Denny Jacob Peloton Interactive shares dived 20% to $4.45 following a cut to its revenue outlook and warned of missing a goal for cash flow. The stock,...
Futures for Canada's main stock index rose on Thursday after crude prices advanced, while investors repriced their expectations of the first rate cut to May by the U.S. Federal Reserve. The TSX Composite retreated 205.99 points to close Wednesday ...
U.S. stocks traded higher midway through trading, with the S&P 500 gaining around 0.5% on Thursday. The Dow traded up 0.23% to 38,238.99 while the NASDAQ rose 0.54% to 15,245.46. The S&P 500 also rose, gaining, 0.48% to 4,868.71.
Shares of the connected fitness company tumbled after it slashed its outlook.