Peloton Stock Has 90% Upside, According to 1 Wall Street Analyst
Peloton reported smaller sales but better free cash flow last week. Management has a plan to lower costs and grow cash profits under a new CEO.
Peloton Could Go Out of Business
Quarterly revenue at Peloton Interactive Inc. (NASDAQ: PTON) was so poor that the stock plunged and CEO Barry McCarthy was fired.
A look at Peloton's rough ride post-pandemic
Barry McCarthy was tapped to lead Peloton in order to right the ship. The past two years have been filled with various cost-cutting measures and efforts to broaden is customer base.
Peloton is losing money because it keeps reinvesting in growth, says BMO's Simeon Siegel
Simeon Siegel, BMO Capital Markets, joins 'Fast Money' to talk Peloton shares sinking after CEO departure and layoffs.
Peloton stock sinks to record low as CEO steps down
Peloton shares fell to a record low after CEO Barry McCarthy stepped down. Transcript: CONWAY GITTENS: I'm Conway Gittens reporting from the New York Stock Exchange - here's what we're watching on ...
Boss of Peloton rival taunts bike maker, says he could do better job than outgoing CEO Barry McCarthy
“Peloton needs someone who knows the industry,” Lou Lentine told The Post. “I'm running the same company but smaller and we are doing the same things every day but better with fewer employees and l...
Why Peloton Stock Was All Over the Charts Today
Peloton said its CEO was stepping down and it will cut 15% of its workforce. The company continues to struggle to grow revenue.
Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace
Peloton made headlines on Thursday (May 2) as it announced the launch of restructuring efforts, including laying off approximately 400 employees — about 15% of its global workforce — and reducing i...
Peloton Tumbles After Announcing CEO Exit, Layoffs
Bloomberg's Mark Gurman joins Caroline Hyde and Ed Ludlow to discuss Peloton shares falling to a record low after its CEO announced plans to step down as the company embarked on a major restructuri...
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff
Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff because it “simply had no other way to bring its spending in line with its rev...
Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship
After surging in popularity during the early days of the pandemic, Peloton Interactive continues to struggle in a non-quarantined world.
The rise and fall of Peloton, from pandemic-era success story to its stock hitting a record low
Peloton was a Wall Street darling during the pandemic, with a market cap of around $50 billion. Now, its CEO is out after two years, it announced more layoffs, and its stock hit a record low.
Peloton Sweats Out Another Restructuring; CEO Heads Out the Door
Shares of Peloton Interactive (PTON) sank to an all-time low Thursday after the provider of exercise machines and online workouts announced new cost-cutting measures, including layoffs, and that CE...
Peloton (PTON) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Peloton (PTON) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Stre...
Peloton Reverses Gains After CEO Departure, Job Cuts
Peloton Interactive Inc (NASDAQ:PTON) reported disappointing fiscal third-quarter results before the open today.
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