CNBC, citing internal documents, says the company will hit pause amid slowing demand for its connected Bike and treadmill.

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Topics:  bike   
BING NEWS:
  • Why Peloton (PTON) Stock Is Trading Lower Today
    The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Peloton? Access our full analysis report here ...
    04/16/2024 - 4:10 am | View Link
  • Peloton Stock Slips As Delayed Annual Report Notes Fines Linked To Tread+ Recall, Internal Control Weakness
    Peloton's delayed annual report indicated risks linked to internal financial controls as fines associated with the 2021 recall of its Tread+ treadmill. Peloton Interactive (PTON) shares moved ...
    09/7/2022 - 12:10 am | View Link
  • Peloton Stock Rebounds As CEO Hits Back At 'False' Production Halt Report, Plans Costs Cuts
    Peloton said reports of a production halt were 'false', but nonetheless ... CEO John Foley called Thursday's CNBC report, which cited an internal memo saying the group was planning a two-month ...
    01/21/2022 - 3:20 am | View Link
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