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Peloton Shares Plummet as UBS Downgrades the Stock

Rebecca Urena01/19/2021

2537

Peloton (NASDAQ: PTON) shares fell on Tuesday after UBS downgraded the stock to sell from neutral. UBS states that the immense growth during the last year means a probable...

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Peloton Shares Rise Amid $420 Million Acquisition of Precor

Rebecca Urena12/22/2020

2958

Peloton Interactive Inc. (NASDAQ: PTON) is in the process of buying fitness equipment company Precor for USD420 Million as a means to acquire manufacturing capabilities and new growth opportunities....

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Peloton Partners with Beyonce in Multiyear Deal

Rebecca Urena11/10/2020

1125

Peloton (NASDAQ: PTON) announced Tuesday that it has partnered with renown celebrity Beyonce in a multi year deal set to execute exclusive content with her music for its workout...

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Peloton Reports a Rise in Sales

Rebecca Urena11/06/202011/09/2020

14348

Peloton (NASDAQ: PTON) announced a sales increase of 232%, outdoing its own expectations. Amid the coronavirus, customers have embraced home workouts and relied heavily on the company’s bikes, treadmills...

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Peloton Recalls Pedals, Affecting 27,000 Bikes

Rebecca Urena10/15/2020

5912

Peloton (NASDAQ: PTON) issued a recall for one of its clip-in bike pedals after discovering the axle could potentially break and injure users. Within a blog post, the company...

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Peloton Introduces Peloton Bike+ and Tread to its Portfolio

Nikita Medvedev09/08/2020

2912

Peloton (NASDAQ: PTON) introduced the Peloton Bike+ and new Peloton Tread, expanding its product suite to offer more ways for people to access home fitness. The Bike+ will be...

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