More than $10 billion wiped from Peloton's market cap since dismal earnings report

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Peloton shares extended their losses on Monday, on the heels of the company's disappointing fiscal first-quarter financial report.

's market cap since last Thursday, amid doubts about the future growth prospects of the connected fitness company.

Monday's stock move came after a downgrade by Wall Street research firm Argus, which slashed its rating to hold from buy.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Connie_Dreyer32 on Twitter he guides me through and i made a return of $10500 after a week of trading, connect with her

France Dernières Nouvelles, France Actualités