This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Peloton Shares Drop as Losses Mount, Sales Slow
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Tech > Peloton Shares Drop as Losses Mount, Sales Slow
Tech

Peloton Shares Drop as Losses Mount, Sales Slow

Editorial Board Published May 10, 2022
Share
Peloton Shares Drop as Losses Mount, Sales Slow
SHARE

Peloton Interactive Inc. recorded its biggest quarterly loss as a public company and said it raised $750 million to help sustain the business amid mounting losses and weaker demand for its pandemic-popular bikes and treadmills.

Chief Executive Barry McCarthy, who took over in February, said Tuesday the cash infusion was needed because the company was thinly capitalized and loaded with costly backlogs of unsold bikes and treadmills.

To Read the Full Story

TAGGED:Tech NewsWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Tesla Among Biggest Losers as China’s Car Sales Fall on Covid Lockdowns Tesla Among Biggest Losers as China’s Car Sales Fall on Covid Lockdowns
Next Article Electronic Arts to Drop ‘FIFA’ From Title of Soccer Franchise Electronic Arts to Drop ‘FIFA’ From Title of Soccer Franchise

Editor's Pick

Nicki Minaj Calls Cardi B’s Daughter ‘Ugly’; Cardi Shoots Again That Nicki’s Son Is Nonverbal Because of Drug Use Throughout Being pregnant

Nicki Minaj Calls Cardi B’s Daughter ‘Ugly’; Cardi Shoots Again That Nicki’s Son Is Nonverbal Because of Drug Use Throughout Being pregnant

Studying Time: 3 minutes The Nicki Minaj vs. Cardi B beef has been occurring for years. Like, mainly for so…

By Editorial Board 4 Min Read
Jordan Peterson Hospitalized, ‘Close to Loss of life’ Amid Weird Eating regimen, ‘A long time of Mould Publicity,’ Daughter Says
Jordan Peterson Hospitalized, ‘Close to Loss of life’ Amid Weird Eating regimen, ‘A long time of Mould Publicity,’ Daughter Says

Studying Time: 3 minutes Based on the most recent replace from his…

5 Min Read
This Miso Candy Potato Soup Is Pure Consolation
This Miso Candy Potato Soup Is Pure Consolation

I’m grateful to stay in a time the place soup season is…

7 Min Read

Oponion

Grand Opening Held for Space Enterprise Providing Rides on River as Properly as Host of Treats of a Candy Nature

Grand Opening Held for Space Enterprise Providing Rides on River as Properly as Host of Treats of a Candy Nature

In response to WBOY, a novel Monongalia County enterprise celebrated…

May 7, 2025

Biden donor weighs third-party bid for Florida governor

Orlando-based legal professional and former President…

December 31, 2024

2025 Kentucky Derby: Check out the 19 horses in Saturday’s Run for the Roses

The 151st Kentucky Derby misplaced two…

May 3, 2025

Purchaser emerges for San Jose frat home the place inexpensive properties as soon as slated for inexpensive housing

SAN JOSE — A Bay Space…

September 18, 2025

Love Island USA Reunion: Get All of the Particulars!

Studying Time: 3 minutes Love Island…

July 15, 2025

You Might Also Like

A Killer Prime Day Deal on the Greatest Air Fryer on the Market
Tech

A Killer Prime Day Deal on the Greatest Air Fryer on the Market

It is ready to do that due to a pair options most air fryers lack: twin top-and-bottom burners, and a…

2 Min Read
I am a Professional Mattress Reviewer—Right here Are My Favourite Prime Day Sleep Offers
Tech

I am a Professional Mattress Reviewer—Right here Are My Favourite Prime Day Sleep Offers

Amazon is just not often my first alternative for purchasing a mattress, however they do provide a variety of choices…

11 Min Read
This 16-Inch Laptop computer Has Specs I Have By no means Seen at a Value This Low
Tech

This 16-Inch Laptop computer Has Specs I Have By no means Seen at a Value This Low

As a part of Finest Purchase's “Techtober” gross sales occasion, I stumbled upon the very best laptop computer deal I've…

3 Min Read
Energy Up Wherever With the Greatest Journey Adapters
Tech

Energy Up Wherever With the Greatest Journey Adapters

Journey Adapter Comparability DeskJourney Adapters: Your Questions, AnsweredWhat Sort of Adapter Do You Want?AccordionItemContainerButtonThere are 15 plug sorts in use…

11 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?