Peloton Slides on Subscription Lag; Six Flags Falls on Revenue Miss | Stock Movers
Share
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.
More from Australia
Titanium Sands secures $500,000 Sri Lankan funding
WIN Metals expands Butchers Creek gold tenure package
Forte Energy enters South American oil exploration agreement
Pathkey.AI validates Chipforge platform through independent testing
Arovella Therapeutics names acting CEO
Ingenia Communities rejects new Warburg Pincus buyback offer