Tag: Physical fitness
Meet Peloton’s new CEO, Barry McCarthy
Barry McCarthy, chief financial officer at Spotify, attend annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho.Drew A [...]
Peloton CEO John Foley to step down, transition to executive chair as company cuts 2,800 jobs, says report
John Foley, CEO of Peloton.Adam Jeffery | CNBC Peloton plans to replace CEO John Foley and cut 2,800 jobs as it hopes to restructure its business amid [...]
Peloton shares up on takeover talks, here’s why a deal might not work
Peloton's stock soared more than 25% Monday, putting it back above its IPO price, as the beaten down connected fitness equipment maker attracts intere [...]
Peloton stock jumps 34% on report Amazon is among potential buyers
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey.Michael Loccisano | Getty ImagesShares of Peloton jumped mor [...]
Peloton internal docs show it slashed 2022 sales goals for apparel unit
A man walks in front of a Peloton studios on May 05, 2021 in New York.John Smith | VIEW press | Corbis News | Getty ImagesPeloton has slashed 2022 sal [...]
Activist investor Blackwells to call on Peloton to fire CEO, explore sale
A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida.Joe Raedle | Getty ImagesAn activist is pushing Peloton to fire its c [...]
Peloton’s brand gets slammed again after an unfavorable portrayal in ‘Billions’
Peloton Interactive Inc. stationary bicycles sit on display at the company's showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019 [...]
Peloton CEO says company is taking ‘significant corrective actions’
John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company's initial public offering ( [...]
Peloton’s market value drops by $2.5 billion as shares close below IPO price
Shares of Peloton closed down 23.9% at $24.22 on Thursday, wiping roughly $2.5 billion off of its market value. The sharp drop brought the stock benea [...]
Peloton to pause production of its Bikes, treadmills as demand wanes
Peloton is temporarily halting production of its connected fitness products as consumer demand wanes and the company looks to control costs, according [...]
Peloton insiders sold nearly $500 million in stock before its big drop
Peloton executives and insiders sold nearly $500 million worth of their stock before its big decline, according to filings with the Securities and Exc [...]
Peloton is about to tack on hundreds of dollars in fees to its Bike and treadmill, citing inflation
Peloton Interactive Inc. stationary bicycles sit on display at the company's showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019 [...]
Lululemon taps former Amazon exec as new CEO of its at-home gym Mirror
Michael Aragon previously served the role of chief content officer of Twitch, Amazon's livestreaming business.Source: LululemonLululemon said Thurs [...]
Peloton selloff continues as ‘Sex and the City’ reboot adds to image issues
A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glan [...]
Peloton nets $1.07 billion in discounted stock sale
Cari Gundee rides her Peloton exercise bike at her home on April 06, 2020 in San Anselmo, California.Ezra Shaw | Getty ImagesPeloton shares were ri [...]