Peloton Stock Falls Sharply After Earnings as Revenue Declines 13%
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Peloton Interactive stock was falling sharply Thursday after the connected-fitness company posted a wider-than-expected loss in its fiscal third quarter. Peloton posted a loss of 12 cents a share in the quarter, versus Wall Street’s call for a loss of 7 cents. Peloton’s net loss of $48 million in the third quarter was a significant improvement on its loss of $167 million for the same period in 2024.
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