Peloton Craters, Shares Halted After Reporting Production Halt
Peloton Interactive, Inc. shares crashed more than 11% after CNBC reported internal documents from the company that said production of its bikes and treadmills would be temporarily halted due to souring demand. Shares are now halted.
*This story is developing…
Tyler Durden
Thu, 01/20/2022 – 12:56
via ZeroHedge News https://ift.tt/3rDYbf5 Tyler Durden