HomeBusinessTransportationZillow Group, DoorDash, Under Armour, and Peloton Drop This Morning
Zillow Group, DoorDash, Under Armour, and Peloton Drop This Morning

Shares of Zillow Group (ZG) are down around 5% this morning. ZG reported 1Q earnings numbers Thursday May 5, with $4.26B revenue versus an expected $3.37B and a beat on EPS. Monthly active users were down 5% Y/Y. DoorDash (DASH) shares are down sharply this morning on 1Q earnings, despite a beat on revenue and orders up 23% Y/Y. DASH showed negative cash flow in 1Q. The rate of growth has continued to fall each quarter since the pandemic, says Jeff Pierce. Under Armour (UAA) stock plummets this morning after reporting disappointing 1Q EPS and revenue numbers. Jeff explains the drop in gross margins and the expectation of further declines in gross margins. Lastly, Jeff and Oliver discuss Peloton (PTON), with its shares down sharply this morning on news of a potential sale of a 15-20% stake in the business. Tune in for the full discussion with Oliver.

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