{"id":3074,"date":"2024-02-01T18:03:00","date_gmt":"2024-02-01T18:03:00","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2024\/02\/01\/peloton-shares-tumble-as-it-warns-of-sales-decline\/"},"modified":"2024-02-01T18:03:00","modified_gmt":"2024-02-01T18:03:00","slug":"peloton-shares-tumble-as-it-warns-of-sales-decline","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2024\/02\/01\/peloton-shares-tumble-as-it-warns-of-sales-decline\/","title":{"rendered":"Peloton shares tumble as it warns of sales decline"},"content":{"rendered":"<p>Company which rode the at-home exercise boom during Covid has suffered as many of its users returned to gyms <\/p>\n<p>Shares in Peloton tumbled by almost a quarter on Thursday after the embattled fitness group cut back its sales forecast amid lackluster demand for its high-end equipment.<\/p>\n<p>The company, which rode the at-home exercise boom at the height of the Covid-19 pandemic, has <a href=\"https:\/\/www.theguardian.com\/business\/2022\/feb\/05\/pelotons-fortunes-race-downhill-as-fitness-fans-return-to-gyms\">suffered<\/a> as many of its users headed back to gyms across the world.<\/p>\n<p><em>Reuters contributed reporting<\/em><\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2024\/feb\/01\/peloton-pton-stock-fall\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company which rode the at-home exercise boom during Covid has suffered as many of its users returned to gyms Shares in Peloton tumbled by almost a quarter on Thursday after the embattled fitness group cut back its sales forecast amid lackluster demand for its high-end equipment. The company, which rode the at-home exercise boom at &#8230; <a title=\"Peloton shares tumble as it warns of sales decline\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2024\/02\/01\/peloton-shares-tumble-as-it-warns-of-sales-decline\/\" aria-label=\"Read more about Peloton shares tumble as it warns of sales decline\">Read more<\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-3074","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/3074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=3074"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/3074\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=3074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=3074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=3074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}