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$2.5 billion wiped from Peloton’s market value as shares tumble below IPO price

Panorama of a city business district with office buildings and skyscrapers and superimposed data, charts and diagrams related to stock market, currency exchange and global finance. Blue line graphs with numbers and exchange rates, candlestick charts and financial figures fill the image with a glowing light. Sunset light.

Peloton’s stock hit an all-time intraday high of $171.09 on Jan. 14 of last year.

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