An ad that ran in early November has cost Peloton billions of dollars. Wedbush’s Daniel Ives goes into further detail on the company’s current struggles.
For more on Daniel Ives’ comments: Peloton ad costs the company and shareholders $1.6 billion
For Peloton, When You Have a Lock-Up Period, the Last Thing You Want is Any Speed Bump to Further Inflame that Sell-Off
