NASDAQ:PTON

Peloton Interactive Stock News

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$5.77
-0.400 (-6.48%)
At Close: Jun 05, 2026

Peloton reveals new measures to cut costs

03:16pm, Friday, 12'th Aug 2022
Peloton Interactive Inc (NASDAQ: PTON) is up 15% on Friday after the connected fitness company made a string of announcements that reiterated its commitment to “profitability”. Peloton is cutting
The exercise equipment maker is also making more jobs cuts.
Peloton is slashing jobs again, and this time it's also hiking prices on some of its products.
Peloton's move comes as the fitness giant has announced an $800 million restructuring plan to turn its business around and create positive cash flow.
It's the third round of layoffs in 2022 for the embattled fitness company, which was once a pandemic-era darling.
Shares of Peloton Interactive Inc. PTON, +9.78% shot up 9.1% toward a two-month high in afternoon trading Friday, after the at-home fitness company announced price increases for its Bike+ and Tread pr
The changes caused Peloton's stock to rise nearly 8% early Friday afternoon.
Forbes is tracking the biggest layoffs as companies react to fears of a looming recession.

Peloton slashing 800 jobs, raising bike prices

12:55pm, Friday, 12'th Aug 2022
Shares of the company rose as much as 7.5%.
A federal judge said Peloton Interactive customers will be allowed to prove they overpaid for subscriptions because the exercise equipment and media company allegedly knew on-demand classes would be r
Exercise equipment maker Peloton Interactive Inc said on Friday it would raise prices of its Bike+ product in the United States and Canada.

7 Stocks to Watch Following 2022 Layoff News

06:45am, Friday, 12'th Aug 2022
As the market reacts to recent labor reports, there are plenty of stocks to watch for big moves. Tech companies have been bogarting the headlines this year for reasons they probably wouldn't like.
Peloton said it has implemented a fix and is monitoring the situation.
NEW YORK, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (Nasdaq: PTON) will release its fourth quarter and full-year fiscal 2022 results before the U.S. stock market opens on Thursday, A
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