Peloton
The Latest
-
Peloton in Private Equity Crosshairs as Potential Buyout Looms
Amidst a significant downturn in its market value, Peloton, once a pandemic-era darling, is now a prime target for a potential buyout by several private equity firms. 
Amidst a significant downturn in its market value, Peloton, once a pandemic-era darling, is now a prime target for a potential buyout by several private equity firms. -
Peloton CEO Barry McCarthy Resigns Amid 15% Staff Layoffs and Debt Refinancing Efforts
Peloton, the once-thriving connected fitness company, announced a major leadership shakeup and another round of layoffs on Thursday as it grapples with declining sales and mounting debt. CEO Barry McCarthy, who took the helm just over two years ago, will step down and become a strategic advisor to the company through the end of the year. Peloton, the once-thriving connected fitness company, announced a major leadership shakeup and another round of layoffs on Thursday as it grapples with declining sales and mounting debt. CEO Barry McCarthy, who took the helm just over two years ago, will step down and become a strategic advisor to the company through the end of the year. -
Peloton Actively Looking For Buyer To Purchase 20% Stake
Peloton is reportedly now in talks with some companies that are interested in purchasing the 20% stake it is offering. 
Peloton is reportedly now in talks with some companies that are interested in purchasing the 20% stake it is offering. -
Peloton Moving To Cut Workforce And Replace CEO
Peloton Interactive will replace John Foley with former Spotify and Netflix CFO Barry McCarthy, effective Wednesday. 
Peloton Interactive will replace John Foley with former Spotify and Netflix CFO Barry McCarthy, effective Wednesday. -
Amazon, Nike Mulling Bid To Acquire Peloton, Stock Soars
Peloton's stock price soared by nearly 30% after reports emerged that Amazon was considering an acquisition. Peloton's stock price soared by nearly 30% after reports emerged that Amazon was considering an acquisition. -
Activist Investor Calling On Resignation Of Peloton CEO
Blackwells Capital is calling on the resignation of Peloton CEO John Foley and for the company to consider a possible sale. 
Blackwells Capital is calling on the resignation of Peloton CEO John Foley and for the company to consider a possible sale. -
Peloton Reverses Course And Agrees To Treadmill Recall
Peloton Interactive has agreed to halt the sale and recall its Tread and Tread+ treadmills. 
Peloton Interactive has agreed to halt the sale and recall its Tread and Tread+ treadmills. -
Shocking Video Of Child Sucked Under Peloton Treadmill Released By Consumer Watchdog
The U.S. Consumer Product Safety Commission published the video embedded here. The U.S. Consumer Product Safety Commission published the video embedded here. -
Peloton To Acquire Equipment Maker Precor For $420 Million
Peloton's stock jumped by more than 6% after it announced plans to acquire equipment manufacturer Precor. 
Peloton's stock jumped by more than 6% after it announced plans to acquire equipment manufacturer Precor. -
Peloton Stock Reacts To Apple Fitness+ Launch Date
Peloton's share price is expected to rebound about 0.23% Wednesday after falling 2% Tuesday. 
Peloton's share price is expected to rebound about 0.23% Wednesday after falling 2% Tuesday.
