What's up guys! Welcome back to the Stocks With Mike & Tom Show! In this episode, we go over how Peloton stock is crashing and how Netflix stock is doing after earnings. The market tanked off again today. The past few weeks have not been good. The overall market is starting to seriously sell off. Peloton stock got destroyed today as they are halting production of their bikes … [Read more...]
Peloton HALTS PRODUCTION on bikes and treadmills | Peloton Stock Plummets
Peloton Interactive Inc. Stock shares plummeted by 25% Thursday on a report that it’s temporarily halting production of bikes and treadmills due to slowing demand. Trading was halted after shares fell as low as $24.02 Thursday. Even before the latest plunge, they were down 79% in the past 12 months. Watch to get Seth & Paul's take on whether these are the best stocks to buy … [Read more...]