FOX BIZ NEWS: Peloton shares skid as pandemic-related uncertainty weighs on outlook

Peloton shares skid as pandemic-related uncertainty weighs on outlook



Shares of Peloton have plunged as much as 30% in after-hours trading Thursday after the fitness equipment giant cut its full-year 2022 guidance due to a slow start to the second quarter and "challenged visibility" in its near-term operating performance as a result of uncertainty related to the COVID-19 pandemic.