Peloton Interactive Inc (NASDAQ: PTON) is up 20% in the stock market today on reports that giants like Amazon and Nike are interested in buying the connected fitness company following a year-long sell...
Tag: Peloton
Apple, Amazon Or Nike? Peloton Stock Surges But Here’s What Experts Say About A Takeover
Topline Shares of Peloton surged nearly 20% on Monday amid reports that the at-home fitness company, which is struggling with waning demand and slowing growth, is drawing interest from potential buyer...
Peloton shares up on takeover talks, here’s why a deal might not work
Peloton’s stock soared more than 25% Monday, putting it back above its IPO price, as the beaten down connected fitness equipment maker attracts interest from outsiders. Thus far, reports have na...
Spirit Airlines, Peloton, Energizer and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit surged 11.4% in the premarket after announcing it would buy competitor Frontier Airlines in a stock swap dea...
Why Apple should buy Peloton for nearly $15 billion: analyst
Apple (APPL) shouldn’t let Peloton (PTON) end up in the hands of Nike or Amazon, contends Wedbush tech analyst Dan Ives. While Apple is known to be cautious on doing big deals (last one was $3 b...
Peloton Purchase May Pose Regulatory ‘Headache’ for a Tech Giant
(Bloomberg) — Peloton Interactive Inc. — the early pandemic home-fitness darling that’s become a potential takeover target following a sharp plunge in its stock price — could find a ...
Nike, Amazon Could Be Considering Bids for Peloton
It’s been a bumpy ride for Peloton during the past few months — and now the connected fitness company could be attracting acquisition interest from some powerful bidders. In two separate reports, Nike...
Peloton Stock Leaps 28% Following Report Amazon Considering A Bid
Topline Peloton Interactive shares surged 28.42% to $31.67 in after-hours trading Friday after the Wall Street Journal reported Amazon is considering acquiring the exercise equipment maker, which has ...
Peloton Draws Interest From Amazon, Other Suitors: WSJ
(Bloomberg) — Peloton Interactive Inc. is attracting interest from potential suitors including Amazon.com Inc., the Wall Street Journal reported, citing people familiar with the matter. Shares o...
Peloton stock shoots more than 30% higher after report of Amazon acquisition interest
Peloton Interactive Inc. PTON, +1.44% shares jumped more than 35% in after-hours trading Friday after a report that potential acquirers including Amazon.com Inc. AMZN, +13.54% are sizing up the exerci...
Peloton stock jumps 34% on report Amazon is among potential buyers
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Shares of Peloton jumped more than 34% in extended trading Friday after the ...
Peloton internal docs show it slashed 2022 sales goals for apparel unit
Peloton briefly advertised its private-label apparel line outside of a storefront in the SoHo neighborhood of New York City. Source: Kevin Stankiewicz, CNBC Peloton has slashed 2022 sales projections ...
Will Apple buy Peloton?
Just because Peloton is wounded and Apple has gobs of cash, knowledge and momentum behind its fitness offerings, with the Apple Watch and new fitness classes, does it mean the tech giant will make an ...
Peloton Prioritizes Access And Acquisition Over Profits
Peloton’s profits continue to decline but the brand has amassed 2.5 million connected subscribers … [+] over the past three years. (AP Photo/Jeff Chiu, File) ASSOCIATED PRESS Peloton Incor...
Activist investor wants Peloton to do this to boost its stock price
Shares of Peloton Interactive Inc (NASDAQ: PTON) jumped more than 10% on Monday after Blackwells Capital sought to oust CEO John Foley and said the fitness products company should consider a sale to b...
Kohl’s, Snap, Peloton and more
Take a look at some of the biggest movers in the premarket: Kohl’s (KSS) – Kohl’s soared 27.3% in premarket trading as takeover interest in the retailer ramps up. Starboard-backed Acacia R...
Activist investor Blackwells to call on Peloton to fire CEO, explore sale
A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images An activist is pushing Peloton to fire its chief executive officer and consider a sale as it...
Why Nike, Apple, Amazon, or SoulCycle should buy Peloton — Quartz
Peloton is no longer riding high. The fitness company’s stock was pummeled after news broke last week that it would temporarily halt production as demand softened for its stationary bikes. Peloton sha...
Netflix, Peloton, Disney and more
Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix – Shares of the streaming giant tanked 21%, on pace for their worst day s...
Peloton’s Dramatic Crash In 4 Charts
Peloton’s stock may have rebounded Friday, but it still has a long way to go to recover. Ezra Shaw/Getty Images Peloton shares are on a painful ride that keeps getting worse. The stock plunged 24% on ...
Peloton CEO blasts rumours of production halt
Peloton Interactive Inc (NASDAQ: PTON) closed Thursday about 25% down on reports it was suspending production of its exercise bikes and treadmills due to waning consumer demand. This morning, however,...
Peloton shares up after CEO says it must ‘right-size’ production levels, consider layoffs
A Peloton Bike Shannon Stapleton | Reuters Peloton shares are up more than 5% in trading Friday after the company said it’s resetting its production levels and considering layoffs in order to ma...
Peloton CEO says company is taking ‘significant corrective actions’
John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in Ne...
Peloton shares just crashed 25% in 20 minutes: what happened?
Shares of Peloton Interactive Inc (NASDAQ: PTON) tanked 25% on Thursday after reports it was suspending production of its exercise equipment due to fading consumer demand. Production halt to affect al...
Peloton stock is crashing on reports it’s halting production of bikes and treadmills
The bad news flywheel continues to be spinning in warp speed at Peloton (PTON). Shares of Peloton crashed 22% to $26 on Thursday after a CNBC report that the struggling fitness company would temporar...
Peloton to pause production of its Bikes, treadmills as demand wanes
Peloton is temporarily halting production of its connected fitness products as consumer demand wanes and the company looks to control costs, according to internal documents obtained by CNBC. Peloton p...
Peloton—Pandemic Stock Darling—Reportedly Halts Production Of Fitness Products, Shares Plunge Nearly 20%
Topline Shares of Peloton—which surged during the pandemic as house-bound consumers grasped for ways to stay healthy—plunged nearly 20% on Thursday after reports that the company will temporarily halt...
Peloton insiders sold nearly $500 million in stock before its big drop
Peloton executives and insiders sold nearly $500 million worth of their stock before its big decline, according to filings with the Securities and Exchange Commission. Peloton stock is down more than ...
Activision Blizzard, Goldman Sachs, Peloton, Moderna and more
A Peloton office sign is seen near a person riding a bicycle as the city moves into Phase 3 of re-opening following restrictions imposed to curb the coronavirus pandemic on July 16, 2020 in New York C...
Apple, Not Amazon, Should Buy Peloton. One Analyst Explains Why.
Text size (Photo by Michael Loccisano/Getty Images) It’s been reported that Amazon.com and Nike are weighing bids for Peloton Interactive . One analyst said he’s be surprised if Apple also wasn’t in t...