Peloton's earnings results pleased investors, largely because of cost-cutting.
Peloton's (PTON -1.47%) stock moved higher after it demonstrated it could skillfully reduce costs without meaningfully hurting business prospects. This video will highlight Peloton's prudent moves to bring down expenses in its most recent quarter.
*Stock prices used were the afternoon prices of Feb. 1, 2023. The video was published on Feb. 3, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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