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Pops and Flops: Stitch Fix, Peloton, and Twitter Stock
Video Credit: Cheddar Inc.
Published on September 23, 2020 - Duration: 06:42s
Pops and Flops: Stitch Fix, Peloton, and Twitter Stock
Stitch Fix shares are flopping after the company reported a revenue loss of $44.5 million, likely linked to disruptions in the company's supply chain during COVID-19-related shutdowns.
Shares for Peloton are soaring after news that Amazon was releasing a 'Prime Bike' to compete turned out to be false, and Twitter stock is also popping after research group Michael Levine upgraded the stock to a buy.
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