Peloton Surprises with Profit and Raises Full-Year Outlook
Peloton Q3 shows profit, higher revenue, strong cash flow, less debt, but subscribers still falling; outlook improved.
/ 8 items
#PTON↓
Peloton Spikes After Eric Jackson Goes Long at $4
Peloton shares jumped after investor Eric Jackson announced he’s long the stock. He called it cheap on strong free cash flow and highlighted insider confidence.
Peloton Heads to the Gym: New Commercial Series Brings Durable Bike & Treadmill to High-Traffic Locations
Peloton unveils its Commercial Series for gyms – tough new bikes and treadmills combining Precor durability with Peloton's digital classes. Part of the company's push to expand and turnaround its business.
David Einhorn Boosts Acadia Healthcare Stock with Big Buy Reveal
Hedge fund legend David Einhorn revealed on CNBC that he's buying shares of Acadia Healthcare, sending the stock up 12% in a day.
Peloton Shares Drop as New AI Products Fail to Boost Sales
Peloton (PTON) stock fell 10% in premarket trading after weak Q3 revenue guidance and disappointing holiday sales despite launching new AI-powered fitness equipment.
Peloton's AI-Powered Equipment Struggles to Gain Sales Momentum
Peloton's new AI-equipped Cross Training Series sees sluggish sales at retail stores despite holiday promotions, as price increases and economic concerns dampen consumer interest in premium fitness gear.