Peloton shares plunged 10% premarket after the company, a move that comes as it expects more muted growth in the coming year.
VMware dropped 5.7% premarket. The enterprise software company’s results were in line with expectations on revenue, but its cloud business came in below forecasts.
Peloton is a fad like any other. It will soon run its course.
Is this because of competition from myxfitness?
thanks
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