Airline stocks sink, Peloton stock tumbles, Luminar shares soar

Yahoo Finance published this video item, entitled “Airline stocks sink, Peloton stock tumbles, Luminar shares soar” – below is their description.

#airlinestocks #Peloton #Luminar

Yahoo Finance’s Emily McCormick and Adam Shapiro discuss how revenues for airlines are declining amid the surge in Omicron cases, Peloton shares are falling today, and Luminar stock is rising on reports of a self-driving deal with Mercedes-Benz.

Yahoo Finance YouTube Channel

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In This Story: Omicron

The Omicron variant of Covid-19 (also known as B.1.1.529) has been declared a Variant of Concern.

The Technical Advisory Group on SARS-CoV-2 Virus Evolution (TAG-VE) is an independent group of experts that periodically monitors and evaluates the evolution of SARS-CoV-2 and assesses if specific mutations and combinations of mutations alter the behaviour of the virus. The TAG-VE was convened on 26 November 2021 to assess the SARS-CoV-2 variant: B.1.1.529 – which is known as Omicron – the group declared the variant a Variant of Concern.

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In This Story: Peloton

Peloton Interactive, Inc. is an American exercise equipment and media company based in New York City. Peloton’s main products are Internet-connected stationary bicycles and treadmills that enable monthly subscribers to remotely participate in classes via streaming media. Wikipedia
Stock ticker: PTON (NASDAQ)
Founder: John Foley

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