You Searched For "peloton stock" and got 20 results
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2 mins read
Billionaire investor David Einhorn says buying HP stock is a cheap way into the AI craze
The Greenlight Capital founder said the PC market could se a stronger upgrade cycle as a result of …
Filip De Mott
3 mins read
Peloton's new CEO has a chance to turn things around. Here's what he needs to do.
Peloton is betting that its new CEO, Peter Stern, can help turn the struggling company around after…
Madeline Berg,Mary Hanbury,Er…
1 min read
Peloton stock jumps 12% after announcing Lululemon partnership on apparel and fitness content
Under the partnership, Lululemon will discontinue its Studio Mirror, and Peloton will sell co-brand…
Aruni Soni
1 min read
Former billionaire John Foley says he lost all of his money and had to sell 'almost everything' after losing Peloton CEO job
John Foley, once a billionaire, says losing his job as the CEO of Peloton cost him dearly and he "h…
Sarah Jackson
1 min read
Peloton's CEO steps down as the company cuts 15% of staff
Peloton CEO Barry McCarthy is stepping down, the fitness company announced on Thursday.
Grace Dean
7 mins read
Peloton's demise is another in a long line of failed fitness fads
The at-home cycling company was riding high during the pandemic. What went wrong?
Emily Stewart
1 min read
Peloton falls 22% after earnings reveal plunging subscribers and steep cost of bike seat recall
The cult-favorite exercise bike company lost 29,000 subscribers and burned through an extra $40 mil…
Jennifer Sor
2 mins read
Peloton crumbles 20% to a record low after third-quarter earnings miss reveals a 'thinly capitalized' company
"We finished the quarter with $879 million in unrestricted cash and cash equivalents, which leaves …
Matthew Fox
2 mins read
Peloton drops 25% to trade below its IPO price after report says company will halt production of its bikes due to weak demand
"Morale is at an all-time low. The company is spinning out so fast," an anonymous Peloton employee …
Matthew Fox
2 mins read
Wharton Professor Jeremy Siegel's 2024 outlook: Stocks and home prices will jump, interest rates will tumble, and recession won't hit
The "Wizard of Wharton" sees the Fed cutting interest rates five or six times next year, driving up…
Theron Mohamed
2 mins read
Peloton stock jumps 12% after CEO John Foley steps down and the company says it will slash 2,800 jobs
Peloton slashed full-year revenue guidance to $3.7 billion to $3.8 billion, down from a prior outlo…
Shalini Nagarajan
1 min read
Peloton's 81% decline gets it kicked out of the Nasdaq 100 just one year after its inclusion
The swap between Peloton and Old Dominion sums up the ongoing rotation in the stock market out of g…
Matthew Fox
2 mins read
Here's why a Peloton acquisition by Apple would make strategic sense for the iPhone maker, Wedbush says
"Acquiring Peloton would be a major strategic coup and catalyze [Apple's] aggressive health and fit…
Matthew Fox
2 mins read
Peloton stock jumps 25% after reports say Amazon and Nike are both exploring a takeover of the battered pandemic darling
Wedbush analyst Dan Ives said it would be shocking if Apple isn't "aggressively involved" in a poss…
Shalini Nagarajan
2 mins read
Peloton stages a rebound after stock plunge as the CEO says it is resetting production for sustainable growth
"We feel good about right-sizing our production," Peloton CEO John Foley told employees in a letter…
Carla Mozée
2 mins read
US stocks climb as bond yields slip from 16-year highs
The Dow gained over 100 points, while the S&P 500 and the Nasdaq edged higher amid a decline in key…
Phil Rosen
2 mins read
Peloton recovers after sinking on company's plan to sell $1 billion in stock
The $1.1 billion in capital raising comes after the maker of high-end exercise bikes posted weak qu…
Carla Mozée
2 mins read
Peloton sheds $8 billion in value after earnings show the reopening is hitting sales hard
"We underestimated the reopening impact on our company," Peloton chief John Foley told shareholders…
Harry Robertson
1 min read
Peloton sinks after issuing downbeat outlook as it slashes $400 off the price of its original exercise bike
The company said Friday it received a federal subpoena stemming from reports about injuries from it…
Carla Mozée
1 min read
Cathie Wood's Ark bought the dip in Peloton as the bike maker tumbled amid a larger than expected drop in its earnings
The Ark Next Generation ETF bought an additional 115,515 shares of PTON on Monday.