Diamonds and Dogs

5/10/22

Sysco Corp (SYY) looking good. The food distributor that specializes in foods away from home is jumping 6% following earnings. Revenues rose 42% to $16.9 billion as the pandemic wanes and people go back to more normal eating habits like dinning out.

Peloton (PTON) continues to down shift. The fitness technology stock is down 16% after missing estimates and lowering guidance due to soft demand and higher costs. The company has gone from boom to a bust as the pandemic wanes. Peloton's stock has lost more than 80% of its value over the past year

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