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The Latest Breaking News from Peloton

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.

Benzinga

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

The Independent UK

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

From analysis to the latest developments in health,
read the most diverse news in one place.

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.

Benzinga

Peloton is bracing to go it alone

Peloton seems poised to tune out reports of activists and potential acquirers.

Axios

Peloton boss John Foley steps down as firm cuts 2,800 jobs amid post-lockdown sales slump

Sales of the bikes soared during Covid lockdowns but the firm's value has plummeted after the return to gyms

Wales Online

Peloton gives up plan to open Ohio factory with 2,000 jobs

Peloton is ending its plans to open its first U.S. factory in Ohio

The Independent UK

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Could Peloton Buy Blue Apron? Here's Why Citron's Andrew Left Says Yes

Peloton Interactive Inc (NASDAQ: PTON) could purchase meal kit service Blue Apron Holdings Inc (NYSE: APRN), Citron Research analyst Andrew Left said in a Tuesday note.&nbs

Benzinga

Is The Peloton Surge A Short Squeeze? Josh Brown Thinks So

Peloton Interactive Inc (NASDAQ: PTON) is down nearly 75% over the last year, but the stock is surging by more than 30% Tuesday amid continued acquisition speculation and a

Benzinga

The Upside Potential For Peloton: It's Not Just A Bike With An iPad Attached. How To Hold It While Limiting Your Downside Risk.

Peloton instructor Kendall Toole before one of her recent live rides. (Photo via author) Not Just An Bike With An iPad Attached

Benzinga

Peloton lays off 2,800 workers and offers them one-year subscription as severance

‘The Peloton monthly membership will be complimentary for impacted team members for an additional 12 months,’ outgoing CEO John Foley told employees

The Independent UK

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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The Independent UK

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

Benzinga

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…

Axios

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.

The Guardian - UK

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

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Benzinga

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.

StockNews.com

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…

Benzinga

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.

Bangkok Post

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.

Input

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.

The Guardian - UK

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 - US

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

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