Exercise equipment and apparel for sale at the Peloton showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making the ...
Tag: Peloton
Peloton says it’s slashing 780 jobs, closing stores and hiking prices
Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores and hiking the prices on some of its equipment in a bid to cut costs and become pr...
Peloton competitor Tonal cuts 35% of jobs ahead of possible recession, IPO
Tonal in-home fitness. Source: Tonal Tonal, the connected fitness equipment maker that counts tennis superstar Serena Williams and Amazon‘s Alexa fund as backers, is cutting 35% of its workforce...
Peloton is ‘one of the worst examples of corporate greed’: Eva Ados
Peloton Interactive Inc (NASDAQ: PTON) down 75% from its year-to-date high is “not” a buy, says Eva Ados. She’s the Chief Investment Strategist at ERShares. Ados blasts the management at Peloton Inter...
Gap, Peloton, Boeing, American Airlines, Twitter and more
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Gap — Shares of the apparel retailer dropped more than 3% after Gap announced Mon...
Peloton to outsource all manufacturing as part of its turnaround efforts
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton said T...
PepsiCo, Gap, Peloton and others
Check out the companies making headlines before the bell: PepsiCo (PEP) – The beverage and snack giant reported an adjusted quarterly profit of $1.86 per share, 12 cents above estimates, and revenue t...
Peloton sweetens employee pay incentives as it fights to boost morale
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton sweetened incentives for its workers with one-time c...
The Worst Performing Mid-Cap Stocks Of The First Half Of 2022
Peloton shares are down 74% this year and close to 95% from their peak. Getty Images The U.S. stock market wrapped up its worst first half since 1970 on Thursday, falling 21.1% since the year began an...
Stocks That Could Go To $0 As Fed Raises Rates: Peloton
CORAL GABLES, FLORIDA – JANUARY 20: A Peloton bike on the showroom floor on January 20, 2022 in … [+] Coral Gables, Florida. Reports indicate that Peloton Interactive Inc is temporarily ha...
Peloton and 2 other major ‘zombie’ companies could soon go to $0, leading stock research firm CEO says
In the midst of 2021’s soaring tech IPO and SPAC market, there was one former Wall Street analyst telling anyone who would listen that something was wrong. David Trainer, the founder and CEO of resear...
Target, Kohl’s, Peloton and more
FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | Reuters Check out the companies making headlines in midday tradin...
PTON Stock Up 1.36% in Pre-Market as Peloton Prepares to Welcome New CFO
Peloton has adopted a number of strategies to beat its current bearish business outlook, a move that involves proactive cost-cutting measures and leadership change. American exercise company, known fo...
This Half-Built Ohio Factory Shows How Peloton Mismanaged the Pandemic
In a northwest Ohio industrial park, up the highway from a new Amazon.com Inc. warehouse and a soon-to-open solar-panel plant, Peloton Interactive is building a million-square-foot factory that it wil...
Peloton took $182 million impairment charge last quarter as inventories piled up
A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton‘s goodwill took a ...
Peloton earnings miss, CEO says company is ‘thinly capitalized’
Peloton’s turnaround will take a while, new CEO Barry McCarthy warned shareholders on the company’s earnings Tuesday, adding that the company was “thinly capitalized for a business o...
Peloton, Upstart, Vroom and more
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the ...
Peloton tanks 20% on Q3 results: ‘worst-case scenario seems priced in’
Peloton Interactive Inc (NASDAQ: PTON) tanked 20% in the stock market this morning on weak third-quarter results and disappointing guidance for the future. Peloton Interactive Q3 earnings snapshot Los...
Should you buy the Peloton stock dip?
The Peloton (NASDAQ: PTON) stock price crashed by more than 20% in premarket trading after the company’s disappointing earnings. The stock, which closed at $14.3 on Monday, fell to as low as $11, brin...
Peloton, Novavax, Vroom and more
Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton shares plunged 25.8% in the premarket after the fitness equipment maker reported a larger-than-expected quarterly l...
Peloton (PTON) fiscal Q3 2021 earnings
A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Tuesday reported a wi...
Peloton Wants to Believe in Life After Lockdown
On May 24, 2021, Peloton Interactive’s (PTON) – Get Peloton Interactive, Inc. Class A Report then-President William Lynch had exciting news. Lynch announced the interactive fitness compan...
Finance And Female Entrepreneurs In The Entertainment Market
LOS ANGELES, CA – NOVEMBER 18: A crew sets up cameras for the filming a mobile phone commercial … [+] on-location on November 18, 2006 in Los Angeles, California. A report released this we...
Peloton shares hit all-time low as pressure mounts ahead of earnings
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton Interactive shares tumbled to an all-time low Friday...
Peloton, Under Armour, Monster Beverage and more
A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019. Shannon Stapleton | Re...
Pandemic darling stocks Netflix, Peloton, Zoom, and DocuSign face a rude awakening
Netflix (NFLX), Zoom (ZM), Peloton (PTON) and DocuSign (DOCU), are some of the bottom performers of the Nasdaq 100 year-to-date. The once pandemic darlings known as stay-at-home stocks have been incre...
Peloton Is Raising Its Subscription Price. What It Means for the Stock.
Text size Peloton XXX Ezra Shaw/Getty Images For years, Peloton Interactive executives characterized the company’s $39 a month subscription price point as “sacred,” “sacrosanct,” and “our golden goose...
Peloton stock price forecast as the firm changes strategy
The Peloton (NASDAQ: PTON) stock price has been in a relentless sell-off in the past few months as concerns about the company’s future remain. The stock has dropped to $23.87, which is close to its al...
Peloton Hikes Membership Price But Cuts Equipment Costs
Topline Peloton raised the price of its monthly subscription as it lowered the cost of its equipment, the company announced Thursday, after a difficult year for the in-home exercise company that saw i...