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’s Sprain Turns Into a Tear
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 > Markets > Peloton’s Sprain Turns Into a Tear
Markets

Peloton’s Sprain Turns Into a Tear

Editorial Board Published November 4, 2021
Share
Peloton’s Sprain Turns Into a Tear
SHARE

Slimming down in three months is quite an accomplishment in fitness. Unless you’re Peloton , that is.

The connected fitness pioneer used its disappointing quarterly report late Thursday to slash its forecast for the full fiscal year ending next June. Peloton now sees full-year revenue coming in between $4.4 billion and $4.8 billion—$1 billion less at the low end than what the company projected just three months ago. The new projection suggests Peloton sees uncertain demand extending beyond the crucial holiday selling season; its December quarter forecast was only about $340 million shy of Wall Street’s forecasts. Peloton shares promptly slid 28% following the report.

TAGGED:MarketsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Airbnb Posts Record Results After Busy Summer Travel Season Airbnb Posts Record Results After Busy Summer Travel Season
Next Article Canada Strips Military of Powers to Investigate Sexual Misconduct Canada Strips Military of Powers to Investigate Sexual Misconduct

Editor's Pick

Trump admin slams China’s ‘world energy seize’ on uncommon earths, threatens triple-digit tariffs

Trump admin slams China’s ‘world energy seize’ on uncommon earths, threatens triple-digit tariffs

Each Treasury Secretary Scott Bessent and U.S. Commerce Consultant Jamieson Greer slammed China on Wednesday, Oct. 15, 2025, for what…

By Editorial Board 4 Min Read
Whirlpool CEO says Trump tariffs create ‘stage taking part in area’ for US manufacturing growth
Whirlpool CEO says Trump tariffs create ‘stage taking part in area’ for US manufacturing growth

Fox Enterprise' Lydia Hu joins 'Mornings with Maria' with Whirlpool CEO Marc…

5 Min Read
Kevin Costner ‘Livid’ Over Studies of Profession and Monetary Troubles, Insiders Declare
Kevin Costner ‘Livid’ Over Studies of Profession and Monetary Troubles, Insiders Declare

Studying Time: 3 minutes There was a time — not all that…

5 Min Read

Oponion

Eva Longoria Donates  Million to Los Angeles Wildfire Aid

Eva Longoria Donates $1 Million to Los Angeles Wildfire Aid

Eva Longoria is pledging a seven-figure sum after days of…

January 15, 2025

10 Finest Light-weight Hoodies For Males – Skinny Sweaters For 2024 | Fashion

In case you really feel a…

September 17, 2024

Valkyries erase double-digit deficit, shut preseason with win over Phoenix Mercury

Sunday’s recreation towards the Phoenix Mercury…

May 12, 2025

Elephant killed by prepare in Sri Lanka regardless of security measures launched after current lethal crash

Colombo — A Sri Lankan categorical prepare…

May 20, 2025

Trump vows the ‘largest first week’ in presidential historical past throughout Victory Rally: ‘Extraordinarily joyful’

President-elect Donald Trump outlined his plans…

January 20, 2025

You Might Also Like

Nevada participant turns  guess into M jackpot on ‘Wheel of Fortune’ progressive slot machine
Markets

Nevada participant turns $3 guess into $1M jackpot on ‘Wheel of Fortune’ progressive slot machine

The Venetian Resort Las Vegas President and CEO, Patrick Nichols, particulars the resort's renovation mission, the mixing of the Sphere,…

4 Min Read
Past Meat, Walmart and a MEME ETF
Markets

Past Meat, Walmart and a MEME ETF

BlackRock U.S. Head of Fairness ETFS Jay Jacobs discusses third-quarter earnings stories, AI ETFs, Treasury yield projections and extra on…

3 Min Read
Merck breaks floor on B manufacturing plant in Virginia
Markets

Merck breaks floor on $3B manufacturing plant in Virginia

White Home Counselor for Commerce and Manufacturing Peter Navarro informed ‘Mornings with Maria’ that President Donald Trump’s tariffs will minimize…

4 Min Read
BlackRock’s bragging rights to quickest rising ETFs
Markets

BlackRock’s bragging rights to quickest rising ETFs

Buyers are plowing cash right into a broad swath of belongings placing the ETF trade within the driver’s seat of…

3 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?