James Hardiman, Wedbush Securities analyst, joins 'Closing Bell' to discuss Peloton's shares plunging more than 20% after the company reported disappointing first quarter earnings. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Peloton shares tumbled more than 25% on Thursday, after the company reported weakening sales growth … [Read more...]
Peloton has far more durability than being just a stay-at-home stock, says JMP’s Lehmann
Mark Lehmann, JMP Securities CEO, joins 'Closing Bell' to discuss stocks that still have potential for a recovery in 2022. » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market … [Read more...]
Here’s why Peloton’s stock has tanked
Simeon Siegel, BMO managing director and senior analyst, joins 'Closing Bell' to discuss why Siegel's been bearish on Peloton in the past. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Peloton shares tumbled 35% Friday after the at-home fitness equipment maker slashed its annual sales forecast by as much as $1 billion. At … [Read more...]