Page 5 - Peloton Interactive News Today

(Bloomberg) -- Peloton Interactive Inc. kicked off the sale of a new loan as it works to refinance existing debt and recover from a recent slump in sales.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovySpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bull...

(Reuters) -Peloton Interactive said on Monday it was looking to refinance its debt, as the fitness equipment maker seeks to regain its footing amid falling sales due to uncertain demand. The company said it will sell $275 million of convertible senior ...

The beaten-down exercise company is back in the spotlight.

Peloton's share price closed Thursday at $3.89, down 4.42%. Its market cap is $1.44 billion (it was $49.3 billion in January 2021).

More cost cuts are on the way for Peloton Interactive as sales continue to slump.

OPENING CALL Stock futures rose modestly on Monday in the afterglow of a not-too-hot jobs report, which brought back hopes of an interest-rate cut this year. Focus will turn this week to more... -May 06, 2024 at 06:17 am EDT - MarketScreener

Needham & Company LLC reaffirmed their hold rating on shares of Peloton Interactive (NASDAQ:PTON – Free Report) in a report published on Friday morning, Benzinga reports. Other equities analysts have also issued reports about the company. The Goldman Sachs Group decreased their price objective on Peloton Interactive from $6.50 to $5.75 and set a neutral […]

Peloton Interactive (NASDAQ:PTON – Free Report) had its target price cut by Roth Mkm from $7.00 to $5.00 in a report issued on Friday morning, Benzinga reports. They currently have a buy rating on the stock. A number of other brokerages have also weighed in on PTON. Robert W. Baird reduced their price objective on […]

Peloton Interactive (NASDAQ:PTON – Free Report) had its price objective lowered by The Goldman Sachs Group from $5.75 to $3.50 in a research note released on Friday, Benzinga reports. The Goldman Sachs Group currently has a neutral rating on the stock. Several other equities analysts also recently commented on PTON. Bank of America dropped their […]

More cost cuts are on the way for Peloton Interactive as sales continue to slump.