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The Latest Breaking News from Peloton

Peloton shares plunge 20% as losses widen and sales guidance cut

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

The Guardian - UK

Peloton headwinds stiffen as people break pandemic routines

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 Independent UK

Why Peloton Interactive Shares Are Plunging Today

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…

Benzinga

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Peloton Scouting For Minority Investment To Get Its Business On Track: Report

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

Benzinga

Here's The Bull And Bear Case For Peloton's Stock

Peloton Interactive, Inc (NASDAQ: PTON) reached a new all-time low on Wednesday, falling to the $16.78 mark before bouncing up slightly from the level.

Benzinga

What's Going On With Peloton Stock Today?

Peloton Interactive Inc (NASDAQ: PTON) shares are trading lower Thursday after the company announced pricing changes for some of its products and services. Peloton said it plans to lower the prices of its Bike and Tread products in all markets later today.

Benzinga

Peloton's $295 Guide camera is a body-tracking home workout assistant

The Guide connects to your TV and offers a full workout experience with Peloton’s programming for a fifth of the price.

Input

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Peloton Slashes Strength-Training Product Price By 40%: Reuters

Peloton Interactive Inc's (NASDAQ:PTON) strength training product, Peloton Guide, is available at a starting price of $295, about 40% lower than the original price, Reuters reported. The Guide will be available for purchase in the U.S., Canada, U.K., and Australia starting today. The Guide turns the TV or computer monitor into a big-screen player…

Benzinga

Peloton Is Letting Ya Try Out Its Bikes For 100 Days If Your Buns Are In Need Of A Tightening

Body-ody-ody-ody-ody-ody-ody-ody.

Pedestrian.tv

Peloton To Roll Out New Pricing Model: What You Need To Know

Peloton Interactive Inc (NASDAQ: PTON) CEO Barry McCarthy took over as chief executive officer last month and immediately went to work following months of downward price a

Benzinga

3 Popular Stocks You Shouldn’t Touch With a 10-Foot Pole: Peloton, MicroStrategy, and Carvana

The benchmark indices closed lower in the last session as the U.S.’ Russian oil and energy import ban announcement spooked investors. Historically, big shocks in oil prices have preceded a recession, and analysts have warned about this possibility here. Given this backdrop, we think it might be best to avoid…

StockNews.com

Peloton Rolls Out Extended Free Trial Period: Will It Stop COVID Lockdown Stock's Downhill Slide?

Peloton Interactive Inc (NASDAQ: PTON) shares have been on a downhill ride over the last year. The connected fitness company has cut back production of some of its products, trimmed 20% of its workforce and hired a new CEO to try to turn things around.

Benzinga

Jim Cramer Turns Positive On Peloton Following Interview With New CEO

Peloton Interactive Inc (NASDAQ: PTON) CEO Barry McCarthy was featured in an interview with Jim Cramer on CNBC's "Mad Money" Wednesday night. Following the interview, Cramer turned more positive on the stock.

Benzinga

Peloton employees say company sold rusty bikes to unwitting customers

Employees tell the 'Financial Times' that “Project Tinman” was an organized effort to cosmetically alter and sell rusted exercise bikes without customer knowledge.

Input

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news in one place.

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Benzinga

'Wait Until The Interview To Make A Decision': Peloton CEO Will Be On Cramer's 'Mad Money' Tonight

Peloton Interactive Inc (NASDAQ: PTON) is looking to turn things around after seeing its stock fall more than 75% over the last year.

Benzinga

New Peloton Lanebreak Similar To Video Game: Is It More Than Meets The Eye?

Fitness company Peloton Interactive Inc (NASDAQ: PTON) launched a new gaming feature for some of its users. Here’s what one venture capital firm thinks about the launch and the future of Peloton.

The New Daily

Ryan Reynolds wants to make ‘Super Bowl-level ads’, but that doesn’t mean big bucks

Ryan Reynolds co-founded Maximum Effort marketing, the agency behind those viral ads for Mint Mobile and dating site Match.

Sports Illustrated

Peloton's Alex Toussaint Wins Celebrity All-Star Game MVP

The famed instructor's basketball ability was on full display in Friday night's Celebrity All-Star Game.

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news in one place.

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Financial Times

Inside Peloton’s epic run of bungled calls and bad luck

It was a darling with investors and customers. What went wrong?

Benzinga

Why This Activist Peloton Investor Wants The Company Put Up For Sale

Activist investor Blackwells Capital is calling on Peloton Interactive Inc (NASDAQ: PTON) to seek a buyout rather than restructure its struggling business internally.

Benzinga

Apple, Peloton, Amazon, Bitcoin — The Cogs In Affirm's 'Buy Now, Pay Later' Lending Machine

Affirm Holdings Inc (NASDAQ: AFRM) mentioned certain key drivers of its growth in the company’s second-quarter

Benzinga

Fired Peloton Employees Crash CEO's Welcome Meeting

It seems the recently announced CEO transition at Peloton Interactive Inc (NASDAQ: PTON) is off to a bumpy start.

The Independent UK

Fired Peloton employees flood call to introduce new CEO: ‘This is awfully tone deaf’

Meeting was held day after company laid off 2,800 employees

Benzinga

Benzinga's Daily Brief On Trending Tickers For Feb. 9, 2022: Peloton, GameStop And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

Benzinga

Peloton Story Not Fully Written Yet: Analyst Counts Bike Maker Among 'Generational Companies' Alongside Apple, Amazon

Loup Funds analysts Gene Munster, Doug Clinton, and Andrew Murphy discussed Peloton Interactive Inc’s (NASDAQ: PTON) attempts to “steady the ship” as the fitness equipment maker undergoes a leadership change.

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