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MARKET MOVEMENTS: --Brent crude oil fell 1.4% to $76.39 a barrel. --European benchmark gas fell 1.1% to EUR36.06 a megawatt-hour. --LME copper prices fell 1.2% to $8,508.50 a metric ton. --Gold futures edged down 0.3% to $2,037.40 a tro... | 06:48am
Share: Peloton Interactive Inc (NASDAQ: PTON) shares rebounded by 2.6% on Friday after the company reported impressive fiscal third-quarter sales growth and assured investors it’s working quickly to resolve safety issues with its treadmills. For the fiscal third quarter, Peloton reported a 3-cent EPS loss, beating the 12-cent loss analysts had expected. Peloton also reported $1.26 billion in revenue, ahead of the $1.1 billion consensus analyst estimate. Revenue was up 141% from a year ago. Peloton reported $1.02 billion in connected fitness revenue, up 140%. The company also reported $239.4...