Peloton halts production of bikes and treadmills, and stock takes a tumble
Peloton shares sank 20% Thursday after it was reported to have temporarily halted production of its bike and treadmill products because waning consumer demand. [Source]
Publication Date:Origin: cnn.com
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Topics: production, Peloton, demand, consumer, waning, because, products, treadmill, halted, temporarily, reported, shares, tumble, takes, stock, treadmills, bikes, halts
Source: https://www.cnn.com/2022/01/20/investing/peloton-halts-production-report/index.html