5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day: 1. Rate rally After a selloff prompted by fears about the economy earlier this month, …
Peloton Interactive Inc
As strength training grows, Peloton and Planet Fitness shift focus
Shauntil Cox lifts weights with the help of her trainer, Deano Troost, at a Planet Fitness in New Caney, Texas, on Sept. 19, 2023. Jason Fochtman | Houston Chronicle | …
Peloton staves off liquidity crunch in global refinance
A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2. Michael Nagle | …
Pfizer stock recovers after Covid decline but some employees struggle
Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide …
Peloton shares plunge after refinancing
A pedestrian walks by a Peloton store on May 08, 2024 in Palo Alto, California. Justin Sullivan | Getty Images Peloton shares plunged on Monday after the connected fitness company …
Hydrow acquires Speede Fitness, grows as Peloton shrinks
Connected fitness company Hydrow, which Peloton once tried to buy, is growing sales and has acquired a majority stake in strength training company Speede Fitness as gymgoers move away from …
Private equity firms circle Peloton for potential buyout
A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and get back to growth after 13 …
How much money you’d have lost if you invested at Peloton’s IPO
From a CEO change to announcing staff layoffs, it’s been a bumpy couple of days for Peloton. On Thursday, Peloton announced it is laying off 15% of its global staff, …
Peloton CEO Barry McCarthy steps down, 15% of staff laid off
Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho. Kevin …
Peloton removes free app membership
A stationary bicycle inside of a Peloton store is pictured in the Manhattan borough of New York City, U.S., January 25, 2022. Carlo Allegri | Reuters Peloton has quietly removed …