NASDAQ:PTON

Peloton Interactive Stock News

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$6.52
-0.0900 (-1.36%)
At Close: Aug 05, 2026
Peloton CEO Barry McCarthy is stepping down, the fitness company announced on Thursday. It also said that it was laying off 400 workers, or 15% of its total workforce.
Peloton, the exercise equipment maker and creator of online fitness classes, has announced that it's laying off 15 percent of its workforce — 400 people — as CEO, president, and board director Bar
Peloton is cutting 15% of its global workforce, or 400 jobs.
Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley.
Barry McCarthy is stepping down as Peloton's PTON, +3.54% CEO, the connected-fitness company announced on Thursday morning. Karen Boone, the board chair, and Chris Bruzzo, a director, will serve as in
State of Michigan Retirement System bought more AMD stock, quintupled a Peloton stake, tripled its Walmart stake, and sold GM shares.
Peloton's stock has plunged 98% from its all-time high. The company is struggling to stabilize and right-size its business.
Declining sales and ongoing net losses continue to crush Peloton. Not only will Peloton's need to drastically improve its core business, but it will also need to penetrate new and larger end markets.
NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ: PTON) will release its third quarter fiscal 2024 results before the U.S. stock market opens on Thursday, May 2, 2024. Th
Peloton rose to fame during the height of the coronavirus pandemic when people were stuck at home and couldn't go to the gym.  Once the world had learned to live with COVID, Peloton shifted toward a
Connected fitness company Peloton has stopped offering an unlimited free-membership tier that was once a key part of its growth strategy.
Peloton debuted an unlimited free membership option for its app last year in a bid to win over new customers, but the company quietly ended the initiative.
Peloton is still trying to find its footing after its major missteps during the height of the pandemic. Some of its new initiatives are working, but they're not enough to fully offset the company's pr
Bears have faced a challenging few years, feeling like an eternity since the 2019 flash crash had pessimists forecasting a financial downturn akin to the 2008 crisis. Similarly, the early stages of th

Where Will Peloton Stock Be in 5 Years?

10:15am, Tuesday, 09'th Apr 2024
Peloton shares have continued their spectacular nosedive so far in 2024. Improving revenue and reaching profitability would help boost the share price.
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