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Peleton

Peloton reports big loss, decline in revenue as the company grinds through its turnaround plan

August 25, 2022
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey.

Peloton on Thursday reported widening losses and slumping sales in its fiscal fourth quarter as the connected fitness equipment maker attempts to win back investors with cost cuts and strategic shifts. Shares declined more than 14% … Read more

Categories Economy Tags Barry McCarthy, Peleton, stocks

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