Business & Finance
Peloton Slides on Subscription Lag; Six Flags Falls on Revenue Miss | Stock Movers
Key Points
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)...
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. (Source: Bloomberg)