Peloton freezes hiring after it slashes its forecast and shares drop 35% – CNBC

Business News

  1. Peloton freezes hiring after it slashes its forecast and shares drop 35%  CNBC
  2. Peloton shares collapse 35% as momentum for its at-home fitness equipment slows  CNBC
  3. Peloton Discovers It’s Expensive to Go Downscale, to Investors’ Dismay  Bloomberg
  4. Peloton founder John Foley is no longer a billionaire as his net worth shrinks to $850M  Daily Mail
  5. Peloton Sales Growth Slows Amid Softening Demand, Supply Chain Issues  pymnts.com

Source: Business News