{"id":79853,"date":"2021-11-05T00:47:40","date_gmt":"2021-11-05T04:47:40","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79853"},"modified":"2021-11-05T00:32:38","modified_gmt":"2021-11-05T04:32:38","slug":"peloton-shares-fall-25-as-company-posts-wider-than-expected-loss-and-slashes-full-year-outlook","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2021\/peloton-shares-fall-25-as-company-posts-wider-than-expected-loss-and-slashes-full-year-outlook.html","title":{"rendered":"Peloton shares fall 25% as company posts wider-than-expected loss and slashes full-year outlook"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/PTON\" target=\"_blank\">Peloton<\/a> shares tumbled more than 25% on Thursday, after the company reported weakening sales growth and a wider-than-expected loss in its fiscal first quarter. The company slashed its outlook for the full fiscal year amid softened demand for its exercise equipment and ongoing supply chain challenges.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/11\/04\/peloton-pton-to-report-fiscal-q1-2022-earnings-.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Peloton shares tumbled more than 25% on Thursday, after the company reported weakening sales growth and a wider-than-expected loss in its fiscal first quarter. The company slashed its outlook for the full fiscal year amid softened demand for its [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79853","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79853"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79853\/revisions"}],"predecessor-version":[{"id":79854,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79853\/revisions\/79854"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}