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NBC Nightly News with Lester Holt
NIGHTLY 6:30/5:30c

Peloton stock plunges after company temporarily halts production of bike, treadmill products

CLIP01/20/22
Also available on the nbc app

Peloton misjudged how many people would buy its products and is sitting on more inventory than it needs, according to internal documents obtained by CNBC. The company’s stock plunged to a 52-week low following the report. Peloton did not respond to a request for comment from NBC News.

Appearing:Lester Holt
Tags: health, International News, Lester Holt, Making A Difference, NBC Nightly News, National News, news, nightly news, U.S. News, Breaking News, Evening News, politics, World News
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