The Covid Reopening Hits Peloton Stock Hard. Is The Bad News Priced In?
- Tuesday, November 9, 2021, 7:18
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Peloton (NASDAQ: PTON) posted a weaker than expected set of Q1 FY’22 results last week and slashed its full-year revenue guidance as the re-opening of the economy and physical fitness centers began to take a toll on the connected fitness equipment company, which was seen as a classic pandemic play..