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Why Peloton Stock Crashed Again Today

TheMotleyFool

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Shares of exercise bike and treadmill maker Peloton Interactive (NASDAQ: PTON) got destroyed on Friday, plunging more than 35% in a day after beating earnings and revenues for fiscal Q1 2022 -- but giving weak guidance for the rest of this year.

Peloton stock is down again this morning, falling 11% through 11:10 a.m. EST as negative reactions from Wall Street continued to roll in.

Image source: Getty Images.

Source Fool.com

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