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Peloton sees a dire Q4 release and trims revenue forecasts


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Fitness tech company Peloton has seen its shares tumble 16.7% pre-market on the IG platform after reporting a far bigger than expected quarterly loss and a big cut in forecasts.

IGTV’s Jeremy Naylor explains that this has undone all the upside benefits seen after Peloton’s distribution agreement with Amazon.

 

 

 

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