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The Latest Breaking News from Peloton Interactive Inc.

Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth

Connected fitness company Peloton Interactive Inc (NASDAQ: PTON) reported quarterly earnings Tuesday morning. The company missed revenue and earnings per share estimates and shares sold off.

Benzinga's Top Ratings Upgrades, Downgrades For May 11, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 11, 2022

Why Peloton Interactive Shares Are Plunging Today

Why Peloton Interactive Shares Are Plunging Today

Peloton Interactive Inc (NASDAQ:PTON) reported a third-quarter FY22 sales decline of 24% year-on-year to $964.3 million, missing the consensus of $972.88 million. Ending digital subscriptions rose 10% Y/Y to 0.976 million, and ending connected fitness subscriptions grew 42% to 2.962 million. The gross profit fell 59% Y/Y to $184.2 million and the gross…

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Just Eat Explores Grubhub Sale As It Sees Corrections Following Pandemic Recovery

Just Eat Takeaway.com NV (OTC:JTKWY) weighed a partial or complete sale of its Grubhub unit less than a year after buying it for $7.3 billion. Just Eat Takeaway.com explored strategic actions for the U.S. division after losing an unusually high level of customers across its key markets, Bloomberg reports. CEO Jitse Groen saw the business as…

Peloton Shares Pick Back Up After A Big Red Day: What's Next?

Peloton Interactive Inc. (NASDAQ: PTON) shares are trading higher Friday, bouncing back after the stock plunged on reports the company planned to

Why Peloton And Netflix Are Seeing The Highest Interest On WallStreetBets Today

Peloton Interactive Inc. (NASDAQ: PTON) and Netflix Inc. (NASDAQ: NFLX) have emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Friday.

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