The Latest Breaking News from Peloton

Connected fitness company Peloton Interactive (NASDAQ: PTON) unveiled a new product Thursday. Here’s the latest and what it could mean.

Plus, what’s the future for Peloton?

Exercise bike maker misses targets, with boss describing turnaround effort as ‘emotionally draining’

Peloton’s uphill struggle to generate sales as more people break from health routines forced during the pandemic continued in the third quarter and the company’s revenue outlook has shares tumbling more than 20% before the opening bell

The Dow Jones Industrial Average rallied 400 points Tuesday following Monday's market dive. Peloton and Upstart crashed on earnings results.

Peloton Interactive Inc (NASDAQ:PTON) reported a third-quarter FY22 sales decline of 24% year-on-year to $964.3 million, missing the consensus of $972.88 million. Ending digital subscriptions rose 10% Y/Y to 0.976 million, and ending connected fitness subscriptions grew 42% to 2.962 million. The gross profit fell 59% Y/Y to $184.2 million and the gross…

"Turnarounds are hard work. It’s intellectually challenging, emotionally draining, physically exhausting, and all consuming. It’s a full-contact sport," said new CEO Barry McCarthy

Peloton is struggling to survive as the pandemic stock darling confronts life after the Covid-19 shutdown.

Beleaguered at-home fitness brand Peloton Interactive, Inc. (NASDAQ: PTON) is looking for a lifeline to rescue it from a troublesome situation.