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Hello my field daisies!
On Wednesday, Peloton released its second earnings report since going public in September. Pelton’s stock has dropped 16% in the last two days following the release of the report. This decrease reflects the Efficient Market Hypothesis. In this podcast episode, I talk about Peloton’s controversial holiday ad that might have led to a decrease in sales, as well as how Peloton is positioning itself as a tech company to fight off copycat competitors like Flywheel.
Love y’all thanks for listening!
Hope you have a daisyish day!
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