PTON May 2024 4.000 call
- Yahoo Finance Video
Peloton stock drops as it looks to sell $1 billion loan
Shares of Peloton (PTON) are sliding after the company announced it is starting the sale of a $1 billion loan offering. Catalysts Hosts Seana Smith and Madison Mills break down the home fitness company's refinancing effort as it attempts to recover from a recent sales slump. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
- Barrons.com
These Stocks Are Moving the Most Today: Palo Alto Networks, XPeng, Peloton, First Solar, Keysight, VinFast Auto, Nordson, Lowe’s, and More
Palo Alto Networks issues a fiscal fourth-quarter forecast that underwhelms investors, Chinese electric-vehicle maker XPeng posts a narrower loss, and Peloton tumbles after a refinancing of its debt.
- Barrons.com
Peloton Stock Is Falling After Company Announces ‘Global Refinancing’
Peloton plans on using the proceeds from the offering of the notes and the new credit facilities to repurchase about $800 million of its convertible senior notes due 2026.
