The company has lost roughly $20bn in value since November, when it hinted that demand for its exercise bikes and treadmills was slowing faster than expected. The company’s market value is down to about $8bn from its high of $50bn last year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon: clouds part for Big Tech stocks\n\t\t\tLet our global subject matter experts broaden your perspective with timely insights and opinions you\n\t\t\tcan’t find anywhere else.\n\t\t 🧐
Source: FT - 🏆 113. / 51 Read more »