The pandemic boom is over. Just ask Peloton and Netflix - News Summed Up

The pandemic boom is over. Just ask Peloton and Netflix


Netflix and Peloton were two of the biggest pandemic winners, along with video call provider Zoom Video and electronic signature firm DocuSign. Netflix and Peloton lost roughly a fifth of their market value on Thursday after both companies disappointed investors. Peloton shares sank nearly 24% on Thursday. Shares in Netflix increased 67% that year, while Peloton gained an astonishing 434%. Peloton shares lost momentum in 2021, while Netflix powered ahead.


Source: CNN January 21, 2022 14:27 UTC



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