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The Latest Breaking News from Peloton

Why This Peloton Analyst Thinks John Foley's Exit Increases The Possibility Of A Sale

Peloton Interactive, Inc. (NASDAQ: PTON) announced a leadership transition on Tuesday, along with restructuring measures as it grapples with slowing growth in a post-pandemic economy.

Benzinga

Peloton Q2 Earnings Highlights: Revenue Miss, CEO Transition, Restructuring Plan And More

Connected fitness company Peloton Interactive (NASDAQ: PTON) reported second quarter financial results before market open Tuesday. The company also announced several management changes. Here are the key details.

Benzinga

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

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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

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

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

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

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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

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

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

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

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

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

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

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Benzinga

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

StockNews.com

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),…

Salon

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

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.

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news in one place.

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Benzinga

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

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

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

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

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

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

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.

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