Peloton Slides on Subscription Lag; Six Flags Falls on Revenue Miss | Stock Movers
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On this episode of Stock Movers: - Peloton (PTON) is sliding as the exercise equipment maker saw an acceleration in cancellations or "churn" in paid connected fitness subscriptions during its fourth quarter, and gave revenue guidance for both the first quarter and fiscal 2027 that trailed Street expectations. - Zillow (Z) shares are dropping as the online real estate platform provided revenue forecast for the third quarter that missed the average analyst estimate. - Six Flags (FUN) dropped after the water park operator reported net revenue for the second quarter that missed the average analyst estimate.