These Stocks Got Hot During the Pandemic. Now They’re Cooling.

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The pandemic spawned a new universe of stock-market stars. Some are now coming back to Earth.

The onset of Covid-19 changed the way people worked, shopped and dined, helping companies such as videoconferencing star Zoom Video Communications Inc.

and at-home workout provider Peloton Interactive Inc. soar. But as restrictions eased and vaccines became widely available, certain consumer behaviors tilted back to prepandemic norms, offering new threats to businesses that thrived in 2020 and 2021.

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