Peloton to replace chief executive and cut 2,800 jobs amid sales slump Barry McCarthy to replace co-founder John Foley in top role after company’s sales dropped from pandemic’s early days The Guardian - US · Feb 8, 2022
Peloton co-founder steps down after rough ride The co-founder of Peloton is stepping down after an extended streak of tumult at the exercise and treadmill company The Independent UK · Feb 8, 2022
Peloton Interactive CEO John Foley to Step Down: Report Peloton Interactive Inc's (NASDAQ:PTON) co-founder John Foley is stepping down as CEO and will become executive chair, The Wall Street Journal reported. Barry McCarthy, the former chief financial officer of Spotify Technology SA (NYSE:SPOT) and Netflix Inc (NASDAQ:NFLX), will become CEO and president and join Peloton's board. Peloton also plans to cut 2,800 jobs to cope… Benzinga · Feb 8, 2022
Peloton CEO John Foley stepping down to become executive chair The exercise bike maker also plans to cut about 2,800 jobs, which represents about 20% of its corporate workforce. Axios · Feb 8, 2022
Ofgem admits failings over energy regulation, and warns Ukraine conflict would push bills higher – as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · Feb 8, 2022
Does A Potential Peloton Acquisition Make Strategic Sense For Apple? Rumors of a potential sale of Peloton Interactive, Inc. (NASDAQ: PTON) have been flying thick and fast following reports of fundamental issues at the at-home fitness brand. Benzinga · Feb 7, 2022
3 Gym Stocks That Can Surge 60% to 134%, According to Wall Street The COVID-19 pandemic impacted the fitness industry adversely. But the industry is expected to rebound this year and beyond owing to the reopening of economies and consumers’ shift to digital fitness platforms. So, Wall Street analysts expect gym stocks Peloton (PTON), Life Time Group (LTH), and Nautilus (NLS) to deliver… StockNews.com · Feb 7, 2022
You Ask, We Analyze: Why Going Short Peloton Stock Is Risky As Amazon M&A Rumors Surface On Sunday evening, Benzinga asked its followers on Twitter what they’re buying at the open Monday. From the replies, Benzinga selected one ticker for technical analysis. Benzinga · Feb 7, 2022
Amazon and Other Potential Suitors Explore Peloton Deal Peloton Interactive Inc is drawing interest from potential suitors including Amazon.com Inc., according to people familiar with the matter, as the stationary-bike maker's stock slumps and an activist urges it to explore a sale. Bangkok Post · Feb 6, 2022
Amazon wants to buy Peloton, antitrust concerns be damned After losing a significant portion of its value in the last year, Peloton is ripe for the picking. Input · Feb 6, 2022
Peloton’s fortunes race downhill as fitness fans return to gyms The exercise bike maker is worth less than a fifth of its $50bn valuation during global lockdown The Guardian - UK · Feb 5, 2022
Amazon reportedly circling exercise bike maker Peloton as company falters Peloton has struggled in recent months with lockdown over, negative press and cheaper models coming to the market The Guardian - US · Feb 5, 2022
Why Peloton Shares Are Soaring After Hours Peloton Interactive Inc (NASDAQ: PTON) is soaring nearly 30% in Friday's after-hours session following a report from the Wall Street Journal t Benzinga · Feb 4, 2022
4 Meme Stocks That Will Rally 60% or More, According to Wall Street Meme stocks have been the favorites of retail investors since last year. And although several fundamentally weak stocks discussed on the subreddit WallStreetBets (WSB) skyrocketed in price based solely on investor sentiment, only to nosedive later, Wall Street analysts nonetheless expect frequently discussed WSB stocks Roku (ROKU), SoFi Technologies (SOFI),… StockNews.com · Feb 1, 2022
Salon · Jan 30, 2022 What Peloton's wild TV ride says of us From Mr. Big to "Emily in Paris," TV shows are reflecting why the exercise bike had begun to lose momentum
Input · Jan 28, 2022 Tempo Move review: An iPhone-powered home gym that's worth the cost Tempo's entry-level Move home gym knows how to make you sweat, but the easy-to-use weights and lowkey subscription service might be the real reason to try it out over a pricey Peloton bike.
Benzinga · Jan 27, 2022 Peloton Is Getting No Love From Investors: Could Eminem Help Or Will They Let It Slip? “His palms are sweaty, knees weak, arms are heavy” is a line in Eminem’s hit song “Lose Yourself.” The lyrics might also apply to anyone taking part in a new workout with Peloton Interactive (NASDAQ: PTON).
Benzinga · Jan 26, 2022 Should Apple, Nike Or Google Acquire Peloton In 2022? Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
Benzinga · Jan 25, 2022 Why Peloton Shares Are Falling Peloton Interactive Inc (NASDAQ: PTON) shares are trading lower by 8.3% at $27.25 in sympathy with the overall market amid a rise in Treasury yields along with anticipation of Fed tapering.
Axios · Jan 25, 2022 Peloton's wild ride and possible buyers A hedge fund with less than a 5% stake in Peloton called for CEO John Foley to be fired.
Los Angeles Times · Jan 24, 2022 Peloton says it had no part in 'Billions' heart attack reminiscent of Mr. Big's fate Peloton has been implicated in the fate of another TV character, prompting a swift response from the popular stationary-bike company on Twitter Sunday and a denial of its involvement in the episode.
Mic · Jan 24, 2022 Peloton just can’t stop giving TV villains heart attacks As if the fitness titan’s real-life decline wasn’t enough, it’s now caused a second prestige drama health emergency.
Tribune News Service · Jan 24, 2022 Peloton runs damage control after yet another TV heart attack Just weeks after Peloton took out Big in his Upper East Side apartment, the in-home bike almost claimed another victim.
StockNews.com · Jan 24, 2022 Is Peloton a Buy Under $30? At-home fitness equipment maker Peloton (PTON) has been a Wall Street favorite during the pandemic, thanks to the heightened demand for its products and services the public health crisis fostered. However, its momentum is slowing with the easing of social distancing restrictions and people’s return to neighborhood gyms. The stock…
The Independent UK · Jan 24, 2022 Billions: Peloton issues statement as character has heart attack after riding their bike Gym equipment company says they did not approve use of product on show