https://techcrunch.com/2020/09/21/the-peloton-effect/

11 0

During the most recent quarter, only a few earnings reports stood out from the rest. Zoom’s set of results were one of them , with the video-communications company showing enormous acceleration as the world replaced in-person contact with remote chat. Another was Peloton’s earnings from the fourth quarter of its fiscal 2020, which it reported September 10th . The company’s revenue and profitability spiked as folks stuck at home turned to the connected fitness company’s wares. The Exchange explores startups, markets and money. Read it every morning on Extra Crunch , or get The Exchange newsletter every Saturday. Shares of Peloton have rallied around 4x since March, roughly the start of whe... Full story

24 September

wait