Peloton’s stock takes a spill, even as IPO underwriters cheer it on

Shares of Peloton Interactive slumped 6% on Monday, even after a multitude of buy ratings from the stationary bike seller’s IPO banks, underscoring Wall Street’s growing exhaustion from money-losing startups.

…read more

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News