PTON Jan 2025 20.000 put
| Previous close | 16.00 |
| Open | 16.00 |
| Bid | 16.75 |
| Ask | 17.15 |
| Strike | 20.00 |
| Expiry date | 2025-01-17 |
| Day's range | 16.00 - 16.00 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Peloton's decline from pandemic highs: A detailed timeline
Peloton (PTON) appears to be in turmoil as CEO Barry McCarthy steps down from his position at the fitness equipment manufacturer. The company's stock is now spinning out Thursday morning after missing third-quarter earnings estimates amid a restructuring plan that will lay off 400 employees from Peloton's global workforce. Wealth! Host Brad Smith examines the timeline of events that led to Peloton's decline from a "pandemic darling." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.
Barrons.comPeloton Stock Drops 13%. Its CEO Is Stepping Down and There Are Layoffs.
Peloton Interactive stock was falling Thursday after the at-home fitness company announced its CEO was stepping down and that it would be cutting jobs under a new cost-saving initiative. The stock had traded sharply higher in premarket trading after it was announced that Peloton Chief Executive Officer Barry McCarthy, who took the position in 2022, was stepping down. Current Peloton Chairperson Karen Boone and board director Chris Bruzzo will serve as interim co-CEOs until the company completes its search for McCarthy’s replacement.
BloombergPeloton Tumbles to Record Low After Announcing CEO Exit, Layoffs
(Bloomberg) -- Peloton Interactive Inc. shares fell to a record low after Chief Executive Officer Barry McCarthy announced plans to step down and the struggling fitness company embarked on a major restructuring that will reduce its global workforce by 15%.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaHuawei Secretly Backs US Research, Awa
