You Searched For "pton" and got 19 results
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1 min read
Peloton, the startup behind the connected fitness craze, files for IPO
The connected fitness hardware maker publicly released documentation for a planned public offering …
Megan Hernbroth
2 mins read
Peloton prices its IPO at the top of its range, raking in $1.2 billion and giving it a $8.2 billion value
The company priced its shares at $29 a piece Wednesday, it said in a press release. That's at the t…
Troy Wolverton
2 mins read
Peloton surges 11% to another record as new biggest bull JPMorgan says the stock can soar 18% from current levels
"Peloton's biggest near-term challenge in our view is keeping up with elevated demand," said JPMorg…
Carmen Reinicke
1 min read
Peloton plunges 15% after recalling treadmills amid reports of injuries and the death of a child
The decision comes after Peloton initially resisted regulatory warnings regarding the safety of its…
Isabelle Lee
2 mins read
Peloton's earnings shocker just wiped 34% off the stock as home-exercise interest fades - but JPMorgan says a strong holiday season can help propel it back up 60% next year
JPMorgan analysts maintained an 'overweight' rating ahead of the exercise equipment maker's stronge…
Isabelle Lee
2 mins read
Peloton will rally another 18% as profits trounce expectations over next year, Bank of America says
The bank's analysts raised their price target for Peloton shares to $101, citing healthy holiday de…
Ben Winck
2 mins read
Peloton erases losses and rallies 9% after signing a multiyear deal with Beyoncé
The company and Beyoncé said they would also give two-year subscriptions to students at 10 historic…
Ben Winck
2 mins read
Peloton climbs 6% as tripled quarterly sales outweigh delivery issues, prompting a flurry of stock upgrades
The product shortage is "a good problem to have," JPMorgan analysts said. The bank lifted its price…
Ben Winck
2 mins read
Peloton will soar 43% from current levels as its stock catches up with surging demand, Goldman Sachs says
Peloton sales surged through the pandemic, and that trend will continue as gyms struggle to bring b…
Ben Winck
2 mins read
Peloton slides 3% after Apple reveals its competing fitness service will launch on December 14
Apple's Fitness+ subscription service will cost $9.99 per month, undercutting Peloton's cheapest $1…
Ben Winck
2 mins read
Peloton can rally 12% as demand continues to surpass supply in early 2021, Bank of America says
Peloton deliveries were delayed 10 weeks as of January 6, signaling demand still outstripped supply…
Ben Winck
3 mins read
Peloton will leap another 14% as new products open the door to 5 million potential subscribers, BofA says
The company's upcoming treadmill addresses a market two to three times larger than those interested…
Ben Winck
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.
Emily Graffeo
2 mins read
Peloton surges 14% after it expands product portfolio with new bike, cuts price
The new products "will provide more affordable entry points to experience Peloton and address consu…
Matthew Fox
2 mins read
Here are the 10 meme stocks held by an upcoming ETF that will invest in heavily shorted companies
The popularization of meme stocks in 2021, led by names like GameStop and AMC Entertainment, has in…
Matthew Fox
1 min read
Peloton's 15% sell-off amid treadmill woes has created a ripe buying opportunity, Credit Suisse says
Buy the dip in Peloton's shares as future sales will be "delayed, not lost," due to treadmill recal…
Emily Graffeo
3 mins read
Peloton's CEO once bragged on TV that the company was 'weirdly profitable,' but the startup's IPO filing reveals years of losses
Peloton's business model counts on high margins on sales of its proprietary fitness equipment and r…
Megan Hernbroth
2 mins read
Tiger Global shakes up portfolio after it loses $17 billion amid tech slump. These were some of its biggest changes in the first quarter.
The hedge fund giant trimmed its positions in various tech stocks while it added significant exposu…
Matthew Fox
1 min read
Peloton reportedly pauses production of bikes and treadmills following a 'significant reduction' in demand
The connected-fitness company is reportedly pausing the manufacture of its main products as it aims…