Peloton Craters, Shares Halted After Reporting Production Halt

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

Share DeepPol
Generated by Feedzy