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The Latest Breaking News from Peloton

2 Meme Stocks You Should Not Touch With a 10-Foot Pole

The return of the meme stock frenzy has led several fundamentally weak stocks to soar to unsustainable prices. With the stock market expected to remain under pressure in the upcoming months, it could be wise to avoid fundamentally weak meme stocks Peloton Interactive (PTON) and Bed Bath & Beyond (BBBY).…

StockNews.com

A pricey clothes rack? The people struggling to resell their Pelotons

As people return to their pre-pandemic exercise routines, the popularity of the expensive home-exercise bikes is on the wane

The Guardian - US

5 Stocks to Sell Before Things Get Even Uglier

August’s CPI report revealed that inflation is far from being eased, enhancing the odds of another big Fed rate hike next week. With stubbornly high prices and tumbling market sentiment, it could be wise to sell fundamentally weak stocks Lucid Group (LCID), Plug Power (PLUG), AMC Entertainment (AMC), Peloton Interactive…

StockNews.com

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Peloton Shares Drop As Co-Founders Step Down From Roles At Embattled Connected Fitness Company

Peloton Interactive Inc (NASDAQ: PTON) shares were trading lower in Monday's after-hours session after the company announced that co-founders John Foley and Hisao Kushi will step down from their roles at the connected fitness company.<

Benzinga

3 Stocks to Sell as Investors Brace for More Fed Tightening

Concerns about skyrocketing inflation, the Federal Reserve's hawkish stance to tame it, and the prospect of a recession have driven recent market selloffs. As the Fed is expected to keep raising interest rates to bring inflation down to its target level, fundamentally weak stocks Peloton Interactive (PTON), Revolve Group (RVLV),…

StockNews.com

3 Layoff Stocks You Might Want to Avoid for the Rest of 2022

The economic and geopolitical headwinds have hammered several businesses this year, with many laying off their employees to reduce costs and stay afloat. Shares of Shopify (SHOP), DoorDash (DASH), and Peloton Interactive (PTON), which have taken layoff measures because of their unstable fundamentals and dim growth outlooks, could be best…

StockNews.com

Should Investors Throw in the Towel on Peloton Stock?

Shares of interactive fitness platform Peloton Interactive (PTON), which enjoyed a stellar run during the peak of the COVID-19 pandemic, have fallen precipitously and are now trading 92% below their 52-week high. Let’s find out if it is worth buying the stock now….

StockNews.com

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Don't Let Their High-Volume Fool You. 3 Active Stocks to Avoid Right Now

Despite the slower pace of payroll gains in August, market uncertainty is expected to continue as the Fed is expected to put more weight on the upcoming CPI data. Amid this backdrop, high-volume trading of Plug Power (PLUG), SoFi Technologies (SOFI), and Peloton Interactive (PTON) may not indicate anything positive…

StockNews.com

Is It Time to Move on and Sell PTON Stock?

Exercise equipment company Peloton Interactive (PTON) has struggled to find support this year, and the stock lost more than 70% year-to-date. Given its bleak sales outlook and widening losses, is it time to avoid the stock? Read on to learn our view….

StockNews.com

Zoom boom meets doom

The saga of the stay-at-home stocks is a useful reminder that hot new technology stocks can fall out of favor fast.

Axios

Peloton to sell its bikes on Amazon in bid to reverse slump

Peloton’s high-end exercise bikes and other gear will now be able to be bought on Amazon in the U.S. It's a partnership aimed at boosting the fitness company’s sales that have languished since the easing of pandemic lockdowns

The Independent UK

Peloton strikes deal to sell bikes on Amazon

Exercise bike maker Peloton has reached an agreement with Amazon to begin selling equipment on its platform in a bid to turn around its fortunes with customers and investors.

Evening Standard

Spend $3,000 For Privilege To Build Your Own Peloton: Latest Efforts To Reinvigorate The Fitness Brand

Interactive fitness company Peloton Interactive (NASDAQ: PTON) has been undergoing a transformation in 2022 that includes a new CEO, cost cuts and employee layoffs. A new plan might include seeing customers assemble products themselves.

Benzinga

The rise of the one-day workweek for office commuters

Despite calls from bosses at Peloton and other companies for employees to get back to their desks, the number of people commuting into the office once a week has soared, according to data from Basking.io, a workplace-occupancy analytics company.

Tribune News Service

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The Independent UK

Peloton cuts jobs, raises prices in bid for profitability

Peloton is laying off almost 800 employees and raising prices for some of its equipment as part of its latest bid to make the business profitable and free up cash

Axios

Peloton's stock spikes on reports of new layoffs

Investors cheered new efforts in Peloton's turnaround strategy.

The Guardian - UK

10 things you may not know about Rishi Sunak

Ex-chancellor may want to be PM, but once had a different career path in mind, as our obscure facts reveal

Sports Illustrated

ESPN’s College GameDay Announces Hire of Peloton’s Jess Sims

She has accumulated over seven million subscribers on the fitness app since she began leading sessions in 2018.

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news in one place.

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The Independent UK

SoulCycle sparks debate after bribing Peloton riders to turn in their bikes in exchange for free classes

Indoor cycling franchise is urging customers to ditch Peloton bikes in exchange for free SoulCycle classes

Benzinga

The Metaverse Is Not the Future. It's Already Here.

By Eran Elhanani One day you won't be able to imagine a world without the metaverse, and that day is today.

Los Angeles Times

Christopher Meloni strips down for Peloton, letting his law and orders go free

"Law & Order: SVU" star Christopher Meloni is serving more than justice in a new Peloton commercial.

The Independent UK

Christopher Meloni earns praise for naked Peloton ad: ‘Giving the people what they want’

‘I never thought I would be excited to see a Peloton ad’ said one fan

Pedestrian.tv

Hold Onto Your Daddy Issues ‘Cos Law Order Hunk Chris Meloni Has Dropped A Nude Peloton Ad

Sweet bountiful Melonis.

Bangkok Post

Peloton Backpedals in Right Direction

Peloton Interactive Inc built its business to delight its custo-mers. Now it must do the same for its shareholders.

StockNews.com

Why Investors Should Think Twice Before Buying Peloton Stock

After a stellar run during the height of the COVID-19 pandemic, shares of interactive fitness platform Peloton Interactive (PTON) have lost significantly and are currently trading 93% below its 52-week high due to weakened demand. With recession fears looming, the company may witness further sales decline. Investors should avoid the…

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