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Best of Business Wars Daily | Notes on a Tech Scandal | 6
Business Wars
Is Peloton a Cargo Ship Rescuing Mediterranean Sailors at Sea?
Peloton has lost about like 80 to 90% of its pandemic high value, Matt says. The company's losses were higher than analysts had predicted and their forecasted revenue was lower compared with what they'd expected. "It's become like this cycle now where I listened to the Peloton earnings call and then I check the stock market and their stock is plunged even further"
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