Peloton reports big loss, offers weak guidance and taps banks for cash buffer – #marketnews

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385

Now down 95% from all time high

Not sure it will return much or when but basically a lottery ticket buy for when their process of seeking an investor yields something

Their strategy seems to have been run the company as if no one on planet earth would ever leave their house again and also they would each have unlimited money to spend on bikes

https://www.cnbc.com/2022/05/10/peloton-pton-fiscal-q3-2021-earnings.html

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