Peloton, Gap, VMware, Dell, HP: What to Watch When the Stock Market Opens Today

📆 8/27/2021 8:00 AM

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Peloton shares plunged premarket after the company lowered by 20% the price of its original stationary bike

📆 8/27/2021 8:00 AM
📰 WSJ

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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.

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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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