The company is projecting a drop in revenue, which can't be good for their cash flow. They're still not technically offering official guidance, but they are talking openly about what they refer to as their internal forecast. The balance sheet is a little thin with 3.7 odd billion of convertible debt on their books at the moment.
It's been a rough 12 months for Peloton, but the fitness company just offered shareholders a glimmer of hope.
(0:21) Asit Sharma discusses: - Peloton's 2nd-quarter revenue surprising to the upside - A sluggish digital ad market hurting Snap's 4th-quarter results - How Snapchat+ could be a potential lever for management to pull
(11:00) Jason Moser and Matt Frankel discuss the 30th anniversary of exchange-traded funds and how stock investors use ETFs today.
Stocks discussed: PTON, SNAP, GOOG, GOOGL, SPY, VNQ, RSP, CIBR
Host: Chris Hill Guest: Asit Sharma, Jason Moser, Matt Frankel Producer: Ricky Mulvey Engineer: Rick Engdahl
Learn more about your ad choices. Visit megaphone.fm/adchoices