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At Close: Aug 05, 2026
Peloton stock sinks to record low as CEO steps down
09:23pm, Thursday, 02'nd May 2024
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 The
Boss of Peloton rival taunts bike maker, says he could do better job than outgoing CEO Barry McCarthy
05:08pm, Thursday, 02'nd May 2024
“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 an
Why Peloton Stock Was All Over the Charts Today
05:01pm, Thursday, 02'nd May 2024
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
02:34pm, Thursday, 02'nd May 2024
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 reduci
Peloton Tumbles After Announcing CEO Exit, Layoffs
02:13pm, Thursday, 02'nd May 2024
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 restructuring.
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff
01:15pm, Thursday, 02'nd May 2024
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 reve
Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship
12:50pm, Thursday, 02'nd May 2024
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
11:46am, Thursday, 02'nd May 2024
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
11:45am, Thursday, 02'nd May 2024
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 CEO B
Peloton (PTON) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
11:07am, Thursday, 02'nd May 2024
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 Street
Peloton Reverses Gains After CEO Departure, Job Cuts
10:55am, Thursday, 02'nd May 2024
Peloton Interactive Inc (NASDAQ:PTON) reported disappointing fiscal third-quarter results before the open today.
Why Peloton Stock Plummeted 27% in April
09:43am, Thursday, 02'nd May 2024
Peloton announced that its CEO is leaving. It's also cutting 400 jobs and reorganizing.
Peloton CEO to step down, company will cut 15% of global workforce
09:06am, Thursday, 02'nd May 2024
Peloton CEO Barry McCarthy is stepping down from the beleaguered high-end fitness company after just over two years in the role, the company announced Thursday.
Peloton to slash 15% of workforce, CEO steps down
08:53am, Thursday, 02'nd May 2024
Peloton Interactive Inc (NASDAQ:PTON) boss Barry McCarthy will step down as chief executive amid a large-scale restructuring plan that also will see 15%, or around 400, team members lose their jobs.
Peloton CEO steps down, fitness unicorn to slash headcount by 15%
08:27am, Thursday, 02'nd May 2024
Peloton's chief executive officer is stepping down from the role as the fitness company plans to cut roughly 15% of its global workforce.
