Peloton (NASDAQ: PTON) reported its fiscal fourth quarter earnings loss on Thursday amid product recalls and declining customer interest. Shares fell 6% during extended trading upon the news. The...
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Peloton to Launch In-App Fitness Video Game
Peloton (NASDAQ: PTON), an American exercise equipment company, is set to enter the video game business. The company is currently developing an in-app video game, called Lanebreak, which will...
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Peloton Faces Backlash Amid Disabled Running Feature
Peloton (NASDAQ: PTON) attempted to calm unhappy customers Tuesday, after the announcement that their $4,000 Tread+ treadmills now required a USD39 per month membership fee. The change came forth...
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Peloton to Build U.S. Manufacturing Facility Amid Production Delays
Peloton (NASDAQ: PTON) revealed Monday that it is set to invest USD400 Million to build its first U.S. factory called Peloton Output Park. The action will accelerate production and...
Peloton (NASDAQ: PTON), the exercise equipment and media company, topped fiscal Q3 estimates amid reporting a 141% rise in sales. Furthermore, the company recently invested in its supply chain...
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Peloton Shares Plummet as UBS Downgrades the Stock
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...