Affirm Holdings Inc. shares plummeted Tuesday afternoon, after executives brought down their annual guidance for the buy-now-pay-later company amid troubles at one of its most important partners in recent years, Read more
Tag: Sports Equipment
Peloton stock trims losses after earnings as CEO says company is ‘making significant progress’
Peloton Interactive Inc.’s latest earnings showed that the company is making progress on its goal of trimming losses, though the company’s CEO acknowledged that these strides were coming at the Read more
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more
Peloton strikes first brick-and-mortar deal with Dick’s
Peloton PTON, -3.06% is turning to the country’s largest sporting goods retailer in its latest effort to reach more customers. The connected fitness giant will sell its equipment in Dick’s Sporting Read more
Peloton to cut another 500 jobs, the fourth round of cuts this year
Peloton Interactive Inc. said it plans to cut about 500 jobs, roughly 12% of its remaining workforce, in the company’s fourth round of layoffs this year as the connected fitness-equipment Read more
Bowflex maker Nautilus seeks ‘strategic alternatives,’ including possible sale
Nautilus Inc. stock rallied as much as 12% in the extended session Monday after the fitness-equipment maker said it was looking for “strategic alternatives” for its business, including potentially selling Read more
Peloton co-founders John Foley, Hisao Kushi step down in latest leadership shake-up
Peloton Interactive Inc. said late Monday that it has accepted the resignations of co-founders John Foley and Hisao Kushi, the latest leadership shake-up to hit the troubled interactive fitness company. Read more
Peloton stock rockets amid plans to sell bikes through Amazon
Shares of Peloton Interactive Inc. were shooting more than 8% higher in premarket trading Wednesday after the company reached an agreement to sell equipment and other products through Amazon.com Inc. Read more