Peloton stock plummets after the company reports widening loss, slowing revenue
A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019.
Michael Nagle | Bloomberg | Getty Images
Peloton shares plummeted as much as 12% in extended trading Wednesday after the fitness company reported mounting losses and slower revenue growth.
In its second…