https://www.nbcnews.com/business/business-news/peloton-insiders-sold-nearly-500-million-stock-big-drop-rcna12741
2 replies (most recent on top)
Fraudsters - they knew it all along…
Stimy money dried up…
https://twitter.com/larryjamieson_/status/1484301600986636289?s=21
Ahh there's the punchline. I look forward to whatever weak sauce penalty the SEC slaps down while people lose their livelihood.
"At the moment, Peloton is flirting with new lows. The stock came very close to going below its $29 a share IPO price, after CNBC reported that the company had hired McKinsey as it reviews its cost structure, an effort that could result in job cuts and store closures."