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Peloton reports wider-than-expected quarterly loss

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Fitness equipment maker Peloton reported a wider-than-expected quarterly loss.

The company's fiscal third quarter net loss was $757 million, compared with a net loss of $8.6 million a year earlier.

The loss per share was $2.27, compared with estimates of a per-share loss of 83 cents.

Read more from CNBC.

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