|Day's range||1.7300 - 1.8100|
Peloton (NASDAQ: PTON) thrived during the pandemic while Disney's (NYSE: DIS) business was devastated. In this video, Fool.com contributor and finance professor Parkev Tatevosian chooses his favorite growth stock to buy.
Connected-fitness company Peloton (NASDAQ: PTON) has been attempting to turn itself around since the beginning of 2022. Under CEO Barry McCarthy, the company has slowed the bleeding. Under McCarthy, Peloton set a stretch goal of eventually reaching 100 million members.
The Yahoo Finance Live team breaks down the top trending stories of the day, including Tesla's reputation ranking on the 2023 Axios Harris Poll, Peloton offering new membership options, and worker satisfaction.
Today, Peloton (NASDAQ: PTON) announced the start of the company's next chapter as it repositions from the perception of an in-home bike company to reflect everything Peloton has to offer to everyone, at any level, wherever they are. With Peloton's amazing content on its award-winning hardware and App, today's relaunch ignites a vibrant new brand identity and campaign; introduces new Membership tiers; and releases a new content feature, Peloton Gym. With today's relaunch, Peloton is declaring it
Perhaps nothing is as startling as Peloton Interactive's (NASDAQ: PTON) monumental rise than its dramatic plunge. As of this writing, shares are trading 96% below their all-time high from about two and a half years ago, reflecting investors' deep pessimism. More recently, Peloton's latest financial results for its fiscal 2023 third quarter (ended March 31) were a mixed bag.
It's hard to understate how dramatic Peloton Interactive's (NASDAQ: PTON) rise and fall over the past few years has been. Assuming Peloton is able to successfully execute its ongoing turnaround strategy and get the business on a better path, where could the consumer discretionary stock be three years from now? The name of the game for Peloton is to find ways to attract more connected-fitness subscribers, which are users who own a piece of equipment and pay the monthly membership fee for access to the workout content.
The exercise equipment maker is shifting to an app-based subscription model, but it is still losing money.
If Zoom, Peloton and pet shops were some of the unexpected winners of the early phase of the global pandemic, one of the biggest losers was apartment living. Whether you look across the Atlantic, over the Irish Sea or north of the border with Scotland, flats held their own with houses in the years leading up to the pandemic. Broad economic conditions were similar over this period, and the only significant regulatory change affecting the housing market — an additional 3 per cent stamp duty rate in 2016 for people buying additional dwellings — was UK-wide, and so cannot explain a divergence that happened in only two of the four nations.
CapWealth CIO Tim Pagliara joins Yahoo Finance Live to discuss his top stock picks, Berkshire Hathaway stock, and what stocks to avoid.
NEW YORK, May 17, 2023 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (Nasdaq: PTON) announced today that the company will be participating in the J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 24, 2023, at 8:40 AM ET. Attending for Peloton will be Barry McCarthy, President and Chief Executive Officer. The audio portion of the presentation will be webcast live over the internet and can be accessed at the Event’s section of the company’s Investor Relations web
In a bear market, it can mean sitting on the sidelines until prices fall just a little more. In a bull market, it can mean giving in to euphoria and buying a stock just because it's going up. Nobody can predict with 100% certainty what the stock market will do.
Peloton's bike recall likely won't be as a detrimental to the stock as the 2021 treadmill recall, according BMO Capital Markets.
Two words can sum up the experience of Peloton Interactive (NASDAQ: PTON) shares since the company went public in late 2019: extreme volatility. Now in early 2023, with the founder out, declining profit margins, and a stagnating user base, shares of the stock have plummeted to below $10. Down 95% from all-time highs, is Peloton stock officially a bargain?
Motley Fool producer Ricky Mulvey talks with Motley Fool senior analyst (and Star Wars superfan) Jim Gillies about Disney's acquisition of Lucasfilm and ways to improve the franchise. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
For your own safety, hit the brakes and dismount your bike immediately. Your stationary bike, that is. On Thursday, the...
The Nasdaq Composite (NASDAQINDEX: ^IXIC) managed to buck the downward trend with a slight gain, but the Dow Jones Industrial Average (DJINDICES: ^DJI) was the big loser on the day, and the S&P 500 (SNPINDEX: ^GSPC) also gave up ground. Weighing the most on the Dow was Disney (NYSE: DIS), which fell sharply after reporting its latest financial results. The news for Peloton Interactive (NASDAQ: PTON) was arguably worse, as shareholders had to deal with yet another recall of its connected exercise equipment.
Yahoo Finance Live anchors Akiko Fujita and Seana Smith highlight several of today's leading news stories.
(Bloomberg) -- Peloton Interactive Inc. shares slipped to a record low Thursday after the fitness company announced a recall of about 2.2 million exercise bikes due to a safety hazard posed by the product’s seat.Most Read from BloombergNBCUniversal’s Yaccarino in Talks to Run Twitter, WSJ SaysKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoJamie Dimon Says US Needs to 'Finish' the Bank CrisisTurkey Markets
Yahoo Finance Live discusses a drop in shares of Peloton stock after the company announced a recall of more than 2 million bikes.
Peloton is recalling 2.2m exercise bikes after some users injured themselves when the seats broke off.
The Yahoo Finance Live team discusses the fall of Peloton stock amidst a bike recall due to fall and injury hazards.
Yahoo Finance Live discusses a fall in shares of Peloton after 2.2 million bikes were recalled by the company due to an issue with faulty bike seats.
This is not the connected-fitness equipment-focused company it was three years ago -- and it doesn't have to be.
Last month, I said Peloton Interactive (NASDAQ: PTON) would be among the stocks I'd be watching the closest in May because it was scheduled to report its earnings results. At the low end of the range, it would be a step backwards from the most recent quarter.
(Bloomberg) -- Peloton Interactive Inc. rose Monday after long-standing bear Simeon Siegel at BMO Capital upgraded the exercise equipment company to market perform, saying the shares better reflect concerns such as subscriber growth.Most Read from BloombergPowell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC StandoffGoldman to Pay $215 Million to End Case on Underpaying WomenTexas Mass Shooting’s Bloody Images Add to Fervor in Gun DebatePolice Raid Consulting Firm as Chin