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The Latest Breaking News from Peloton

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.

Tribune News Service

Is Peloton a Buy Under $30?

At-home fitness equipment maker Peloton (PTON) has been a Wall Street favorite during the pandemic, thanks to the heightened demand for its products and services the public health crisis fostered. However, its momentum is slowing with the easing of social distancing restrictions and people’s return to neighborhood gyms. The stock…

StockNews.com

Billions: Peloton issues statement as character has heart attack after riding their bike

Gym equipment company says they did not approve use of product on show

The Independent UK

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Peloton Stock Gains Amid Reports Of Activist Pressure To Fire CEO John Foley, Explore Company Sale

Blackwells Capital is reportedly pushing for big changes at Peloton, including the ouster of CEO John Foley, following last week's multi-billion dollar selloff in the group's stock.

The Street

Stocks Slide, Kohl's, Peloton, Earnings and Bitcoin - Five Things You Must Know

Stock futures slide amid Russia tensions, rate concerns; earnings in focus ahead of key week for big tech reports; Kohl's shares soar as private equity suitors compete for department store retailer; Peloton under activist pressure following multi-billion selloff and Bitcoin extends slide to pull crypto benchmark further into six-month lows.

The Street

Netflix sinks as Wall Street flees 'stay-at-home' stocks

New York (AFP) - One day after shares of at-home fitness company Peloton tumbled, Netflix found itself in Wall Street's hot seat Friday as markets reassess the diminishing growth prospects of so-called "pandemic stocks."

AFP

Peloton Shares Pick Back Up After A Big Red Day: What's Next?

Peloton Interactive Inc. (NASDAQ: PTON) shares are trading higher Friday, bouncing back after the stock plunged on reports the company planned to

Benzinga

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Peloton Analyst Cuts Price Target By 45% Following Latest Sell-Off

Peloton Interactive Inc (NASDAQ: PTON) shares were rallying by 11% midday Friday but remain down about 83% over the last year. CNBC reported this week that Peloton is temporarily halting production of its bikes and treadmills to control costs as fitness equipment demand wanes.

Benzinga

Why Peloton Shares Are Bouncing Back Today

Peloton Interactive Inc (NASDAQ: PTON) is trading higher Friday, bouncing back after the stock plunged yesterday on reports the company planned to temporarily halt production of some of its products as a result of waning consumer demand.

Benzinga

Peloton hints at cuts after report on fall in demand for exercise bikes

As shareprice drops, CEO admits firm needs to ‘evaluate’ size of workforce and reset production

The Guardian - UK

Pelton Stock Bounces As CEO Hits Back At 'False' Production Halt Report, Plans Costs Cuts

Peloton said reports of a production halt were 'false', but nonetheless vowed "significant corrective actions to improve our profitability outlook and optimize our costs across the company."

The Street

Peloton Stock Rebounds As CEO Hits Back At 'False' Production Halt Report, Plans Costs Cuts

Peloton said reports of a production halt were 'false', but nonetheless vowed "significant corrective actions to improve our profitability outlook and optimize our costs across the company."

The Street

Peloton Stock Bounces As CEO Hits Back At 'False' Production Halt Report, Plans Costs Cuts

Peloton said reports of a production halt were 'false', but nonetheless vowed "significant corrective actions to improve our profitability outlook and optimize our costs across the company."

The Street

Why Peloton And Netflix Are Seeing The Highest Interest On WallStreetBets Today

Peloton Interactive Inc. (NASDAQ: PTON) and Netflix Inc. (NASDAQ: NFLX) have emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Friday.

Benzinga

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The Street

Netflix, Peloton, Intel, Microsoft And Slumping Tech Stocks - Five Things You Must Know

Stock futures trade mixed amid the worst week for tech since October of 2020; Netflix shares plunge on weak subscriber growth forecasts; Peloton hits back at "false" production pause report; Intel unveils plans to invest $20 billion in two chipmaking plants in Ohio and Microsoft says it will keep the…

Benzinga

Peloton CEO: 'Rumors That We Are Halting All Production Of Bikes And Treads Are False'

Peloton Interactive Inc (NASDAQ: PTON) CEO John Foley on Thursday addressed what he called a “flurry of speculative articles” in the press regarding the company pausing production of its bike and treadmill products.

Input

Peloton pauses production as bikes and treadmills collect dust in warehouses

Turns out not everyone wants to shell out thousands for home workout equipment.

Axios

Peloton proves a cautionary tale for tracking consumer demand shifts

The company is set to freeze production of its Bike and Tread equipment temporarily beginning next month.

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news in one place.

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Benzinga

Why Peloton's Production Halt Could Cause Repercussions For Affirm

Shares of connected fitness company Peloton Interactive Inc (NASDAQ: PTON) fell sharply lower Thursday after a CNBC report, citing internal documents, revealed the company is

The Independent UK

Peloton shares tumble after company halts production on connected fitness products due to falling demand

Demand for company’s home exercise equipment has slowed, according to report

The Street

Peloton Stock Craters Following Report of Production Halt, Waning Fitness Demand

Peloton shares hit a two-year low Thursday after CNBC reported the group will temporarily pause production of its connected fitness equipment amid a "significant" slump in consumer demand.

Axios

Peloton stock tanks on report of production halt

Shares fell as much as 25% on Thursday.

Benzinga

Why Peloton Shares Are Plummeting Today

Peloton Interactive Inc (NASDAQ: PTON) is trading lower Thursday following a CNBC report suggesting the company is temporarily halting production of its connected fitness pro

Benzinga

Why Shares Of Affirm Dipped On Thursday

Affirm Holdings (NASDAQ: AFRM) shares are trading lower following a CNBC report indicating the company's partner Peloton Interactive (NASDAQ:

Benzinga

Why Peloton Shares Are Trading Lower Today

Peloton Interactive Inc (NASDAQ: PTON) is trading lower Tuesday on reports the company is working with management consulting group McKinsey & Co to review cost restructure, which could include store closures and layoffs.

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