Peloton
Peloton took $182 million impairment charge last quarter as inventories piled up
A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton’s goodwill took a $182 million hit in its previous fiscal quarter as inventory levels ballooned and consumer demand for its bikes and treadmills waned. During the three-month period …
PTON Breaking Alert: Rosen, Top Ranked National Investor Attorneys, Reminds Peloton Interactive, Inc. Investors of Important June 28 Deadline in First Filed Securities Class Action Commenced by the Firm
New York, New York–(Newsfile Corp. – May 19, 2021) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Peloton Interactive, Inc. (NASDAQ: PTON) between September 11, 2020 and May 5, 2021, inclusive (the “Class Period”) of the important June 28, 2021 lead plaintiff deadline in the securities …
Peloton delays May launch of its less expensive treadmill in the U.S.
Peloton introduces a treadmill to their product line. Emily Gaffney | CNBC Peloton said Thursday it will delay the launch of its Tread machine in the United States, until new safety features are added. The new, less expensive treadmill was set to go on sale May 27. It had already been available in Canada and …
Peloton Tread Screen Falls Off Mid-Workout, Peloton Says to Fix It Yourself (Photos and Story)
While most of yesterday’s Peloton treadmill news was focused on the higher-end Tread+ and safety risks to kids, there was actually a secondary story at work – the recall of the cheaper Tread units (without the + after their mode name). Those models were recalled because their display consoles were falling off. That model is …
Peloton Tread Plus: CPSC warns it can kill kids, pets; says stop using it ‘immediately’
The Peloton Tread Plus presents a potentially fatal risk to children and pets, the Consumer Product Safety Commission says. Peloton The US Consumer Product Safety Commission issued an “urgent warning” Saturday, telling people to immediately stop using the Peloton Tread Plus treadmill because of a potentially fatal risk to children and pets. The Tread Plus, …
CPSC urges people with children at home to stop using Peloton Tread Plus treadmill ‘immediately’
The Consumer Product Safety Commission on Saturday issued a warning about Peloton Tread Plus treadmills, saying the machines pose “serious risks to children for abrasions, fractures, and death.” In a March blog post by CEO John Foley, the company said it was aware that a child had died in an accident on the treadmill. The …
Peloton Interactive, Inc. Announces Participation in the Barclays Global Technology, Media and Telecommunications Conference Nasdaq:PTON
NEW YORK, Dec. 02, 2020 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the Company will be participating in the Barclays Global Technology, Media and Telecommunications Conference on Thursday, December 10, 2020, at 9:30 AM ET. Attending for Peloton will be Jill Woodworth, Chief Financial Officer. The audio portion of the presentation …
The Peloton actress has traded a bike for a cocktail in new Ryan Reynolds commercial
When last we saw her, she was celebrating her yearlong fitness journey and thanking her husband for giving her an exercise bike for Christmas. Both the bike and the husband were nowhere to be found on Friday. In a video posted to his Twitter, Actor Ryan Reynolds seemed to poke fun at the recent controversy …
It doesn’t matter that Peloton shares tumbled on their first day: Morning Brief
Friday, September 27, 2019 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Why Peloton’s IPO was a huge success Peloton went public on Thursday. Shares of the interactive exercise platform operator priced at $29 on Wednesday and finished Thursday’s trading session at $25.76, good for an 11.2% …
Damodaran says Peloton is worth $19 with ‘benefit of every doubt’
Peloton introduces a treadmill to their product line. Emily Gaffney | CNBC Peloton is worth $19 a share at most, according to Wall Street’s valuation guru. The fitness start-up tumbled about 11% in its public debut on Thursday to as low as $25.76 a share, below its IPO pricing of $29 per share, which was …
