NASDAQ:PTON

Peloton Interactive Stock News

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$5.77
-0.400 (-6.48%)
At Close: Jun 05, 2026
Many technology stocks have lost a significant amount of value, but they're not all buying opportunities.
Company says nearly all 5,400 hotels in its US portfolio will have at least one of the exercise bikes by the end of the year.

Peloton's Deal With Hilton

07:10pm, Monday, 03'rd Oct 2022
Bloomberg's Mark Gurman joins Emily Chang to discuss the latest in Peloton's turnaround plan: Hilton will be the first hotel chain to offer Peloton Bikes across all of its US branded hotels. --------
Shares of Peloton are rising upon news that the exercise bike company is partnering with Hilton to provide its bikes to 5,400 hotel's locations.
Peloton Interactive Inc (NASDAQ: PTON) is up 5.0% on Monday after the exercise equipment manufacturer announced a partnership with Hilton Worldwide Holdings Inc (NYSE: HLT).

Here's Why Peloton Shares Popped Today

02:05pm, Monday, 03'rd Oct 2022
Could this partnership bring thousands of new subscribers into the Peloton family?
Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith and discuss Peloton's partnership with U.S. Hilton hotels.
Peloton has launched a collaboration with hotel chain Hilton, marking the connected fitness firm's third partnership in two weeks as it tries to reach new audiences. The deal makes Hilton the first ho
Peloton Interactive Inc. PTON, -1.70% said Monday that it had reached an agreement with Hilton Hotels Corp. HLT, -1.02% to put Peloton bikes in the hotel chain's entire U.S. portfolio of locations. Th
Peloton will put bikes in all 5,400 Hilton-owned hotels in the U.S., the company announced Monday.
While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
Being a stand-alone, connected-fitness stock may not be a winning play anymore.
Peloton traded below $7 Thursday, more than 95% off its high last year, while Carvana and CarMax each fell about 20%.
The customer bases aren't exactly aligned, and Peloton will likely have to accept even worse margins on its products now that there's a retail middleman.
Peloton shares hit a record-low since its IPO and consider branching out distribution of its fitness equipment through retail markets such as Amazon or Dick's Sports Goods.
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