The impact of the coronavirus pandemic on businesses differs as not every company has been badly hit. Amid the coronavirus pandemic, certain companies have stood out in their industries and they could be considered as good investments to strengthen your portfolio in such times. The information provided is based on recent quarterly earnings reports and current performances.Peloton Interactive Inc (NASDAQ: PTON)Price43.00 USD -1.12 (2.54%)Market Cap12.18BP/E Ratio-Dividend Yield-Closed: 8 May, 18:06 GMT-4After hours: 42.88 -0.12 (0.28%)Previous close: 44.12Following Peloton’s Wednesday earnings report, investors and traders are expecting that there would be a moderate move higher for its shares. During its fiscal third quarter, Peloton’s revenue jumped 66% as more people purchased its fitness equipment and subscribed to its online live workout classes to keep in shape during the coronavirus lockdown. The fitness technology company took a different turn in its Q3 earnings report, bea...
Thanks for reading. To read the rest of the article please log in or join now!
Be the first to comment!
You must login to comment