Peloton Interactive Inc Stock News

Peloton Interactive Inc (NASDAQ:PTON) stock is soaring today, after reports that private equity firms are circling the company for a potential buyout.

CNBC said some private equity firms were interested in acquiring the exercise bike maker. The news comes after Peloton announced another round of layoffs and let go of its CEO.

Shares in Peloton (PTON) kicked into a high gear Tuesday after news reports that a number of private equity firms may be considering a buyout.

Peloton (PTON) shares are trading higher on a potential buyout. Renita Young discusses this as the company had talks with at least on firm about going private.

Peloton Interactive Inc (NASDAQ:PTON) shares jumped over 17% on news that it seems to have become a potential acquisition target for private equity firms. The digitally connected fitness company has

Peloton is in talks with at least one private equity firm about a potential buyout, according to a new report. The level of interest in the beleaguered company is unclear.

Last week, Peloton CEO Barry McCarthy quit and the company announced job cuts to reduce costs after posting weak results.

Shares of at-home spin class company Peloton spiked 15% Tuesday morning, the company's best day on Wall Street in over four months, following a report that a group of private equity firms are mulling

Several private-equity firms have been considering a buyout of Peloton, according to a report.

Peloton Interactive Inc.'s stock PTON, +3.36% soared 20% early Tuesday, after a CNBC report that private equity firms are eyeing a potential buyout. Citing people familiar with the matter, the news si

Private equity firms have been circling Peloton for a potential buyout as it grapples with slowing sales and losses.

Sales of Peloton's at-home exercise equipment peaked during the worst months of the COVID-19 pandemic, and they have consistently declined ever since. Peloton appointed Barry McCarthy as CEO in 2022,

Peloton makes internet connected exercise equipment and is trying to shift toward a subscription model. GoPro makes super tough camera equipment and is trying to sell add on services via subscriptions

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.

Calpers slashed investments in Verizon, Disney, and Peloton stock, and doubled down on Moderna shares in the first quarter.