Peloton Stock Rises Despite $165 Million Hit to Q4 Revenue Guidance From Treadmill Safety Issues
alphanewsstream
2021-05-07 14:00
Peloton Stock Rises Despite $165 Million Hit to Q4 Revenue Guidance From Treadmill Safety Issues
The home exercise company reported strong fiscal Q3 results, but the full impact of the damage to its brand stemming from the Tread+ safety issue is a big unknown.Peloton Interactive (NASDAQ: PTON), the leading maker of connected home-exercise equipment, reported robust fiscal third-quarter 2021 ...

https://www.fool.com/investing/2021/05/07/peloton-stock-rises-despite-165-million-hit-to-q4/?source=iedfolrf0000001

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