Peloton is working with management consulting group McKinsey & Co. to review its cost structure and potentially eliminate some jobs, CNBC has learned. The possible job cuts were discussed in a rec...
Tag: Peloton
This is how Peloton is responding to inflation and supply constraints
“Not-so-transitory” inflation and supply constraints are resulting in additional costs for Peloton Interactive Inc (NASDAQ: PTON), and the company plans on passing it on to the customers from January ...
How Peloton Will Continue Taking Stock Of Its Music Empire
David Bowie, 1973 Getty Images Taylor Swift arrived for Christmas. A David Bowie artist series is dropping January 19. While Wall Street of late isn’t exactly lining up outside Peloton’s door, a swell...
This Odey Fund Explains How Shorts Can Indirectly Boost Absolute Returns
Odey’s LF Brook Absolute Return Fund had a challenging fourth quarter with a return of -4.6%, although its full-year return for 2021 was 9.9%. On the other hand, the MSCI World Index gained 22.9...
Peloton is about to tack on hundreds of dollars in fees to its Bike and treadmill, citing inflation
Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. Jeenah Moon | Bloomberg | Getty Images Pel...
Peloton earnings could disappoint investors, analysts say
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’...
Is Peloton stock a buy as it formed a bullish divergence pattern?
The Peloton (NASDAQ: PTON) stock price crashed by about 80% in 2021 as the rotation from lockdown stocks to reopening stocks continued. The sell-off continued on the final day of the year after the co...