Earnings Results: Peloton stock tanks on weak holiday forecast, CFO admits ‘we underestimated the reopening impact on our company’

Peloton Interactive Inc. executives provided a weaker than expected holiday forecast Thursday and reduced expectations for the full year, sending shares on a steep decline.

Peloton Interactive Inc. executives provided a weaker than expected holiday forecast Thursday and reduced expectations for the full year, sending shares on a steep decline.