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