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Why Peloton Stock Tumbled on Tuesday

TheMotleyFool

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Many stocks are not doing well in these early weeks of 2022, but Peloton Interactive (NASDAQ: PTON) is a particularly notable decliner.

Battered by news of production "resetting," preliminary results that indicated some weaker-than-expected fundamentals, and an activist investor's call for significant change, the stock has received another blow. A disquieting tweet from a reporter following the company raised a new item of concern for investors. As a result, Peloton shares closed Tuesday nearly 11% lower.

Fox Business News reporter Charles Gasparino published a tweet that indicated a potential sale of Peloton wasn't in the cards:

Source Fool.com

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