Forbes

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Last Checked Feb. 2, 2022

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Fri Jan 21 23:48:36 +0000 2022

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Forbes @Forbes

Things got significantly worse last November, when shares plunged 35% in a single day after Peloton reported lackluster quarterly earnings. What really spooked investors though: The company massively slashed its sales forecasts for 2022 — PolitiTweet.org

Posted Jan. 21, 2022 Hibernated

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Forbes @Forbes

Peloton shares shot up on Friday, rising around 10% to $27 per share after CEO John Foley's note. Despite the gains, the stock still sits near 52-week lows and is down more than 20% this month alone https://t.co/7iIYrFK2zr https://t.co/rb8tAluNYK — PolitiTweet.org

Posted Jan. 21, 2022 Hibernated

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Forbes @Forbes

Amid the sell-off, CEO and cofounder John Foley’s net worth plunged in tandem with Peloton’s stock. Foley first appeared on Forbes’ Billionaires list in April 2021 with a net worth of $1.5 billion, but he wasn't on the list for long — PolitiTweet.org

Posted Jan. 21, 2022 Hibernated