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September 01, 2020 1:20pm
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Peloton shares skid as pandemic-related uncertainty weighs on outlook

Shares of Peloton have plunged as much as 30% in after-hours trading Thursday after the fitness equipment giant cut its full-year 2022 guidance due to a slow start to the second quarter and "challenged visibility" in its near-term operating performance as a result of uncertainty related to the COVID-19 pandemic.
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