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The Latest Breaking News from Peloton Interactive Inc.

5 Popular Reddit Stocks Wall Street Predicts Will More Than Double

Meme investing has gained traction since January 2021, with social media platforms, including Reddit, becoming increasingly popular with individual investors and traders. As meme stock investing gains popularity again, Wall Street analysts expect Reddit stocks Upstart (UPST), Peloton (PTON), Wheels Up (UP), ironSource (IS), and Rivian (RIVN) to rally up…

Beware of These 3 Stocks That Issued Lower Guidance for 2022

Beware of These 3 Stocks That Issued Lower Guidance for 2022

Amid various current macroeconomic and geopolitical concerns, including interest rate increases, raging inflation, deepening supply chain constraints, the Russia-Ukraine war, and an economic slowdown, the stock market has been under immense pressure of late. As a result, many hard-hit companies have released lower guidance for 2022. So, considering their bleak…

Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth

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.

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

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…

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

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

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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