Tag: Q3 losses

Peloton Shares Slide on Bigger-Than-Expected Q3 Loss

Peloton Struggles as Q3 Losses Exceed Expectations, Revenue Forecast Revised Upwards Peloton, the leading fitness company known for its innovative exercise equipment and virtual classes, recently faced a significant setback as its shares took a nosedive following the announcement of larger-than-expected losses in the third quarter. The company revealed that it now anticipates its revenue […]

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