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Apple’s Concession, Peloton’s Stumble, and Real Estate’s Future
Motley Fool Money
Pelaton's Loss in the for Quarter Was Much Bigger Than Wall Street Was Expected
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Emily: Pelaton's lost in the for quarter was much bigger than wall street was expecting. On top of that, the company warned it will be cutting the price of its original bike machine by about 20%. And shares of pelaton fell nearly ten % on friday after the report. Emily: Most of the movers tinges actually about fears about guidancethe peleton changed their guidance from nearly a billion dollars a revenue to 800 million.
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