Peloton's Turnaround Goes Nowhere
After announcing another bad quarter and firing its CEO, there might have been some hope that Peloton Interactive Inc.
Should Peloton Stop Making Its Own Exercise Equipment?
Peloton doesn't make much money on the sale of its hardware products. If all revenue came from high-margin subscriptions, Peloton's profitability could improve significantly.
Don't Buy Peloton Stock on Buyout Rumors
Peloton has lost its CEO after a failed turnaround, leaving no strategy other than cost-cutting. Rumors of a private equity buyout have emerged, but with the company burning cash and the balance sheet upside down, a premium to the current stock price looks unlikely.
Why Peloton Stock Tumbled Today
Peloton announced a new debt offering. The move comes after years of challenges in the business.
Peloton Interactive Stock Tumbles As Company Takes Steps to Rework Debt
Peloton Interactive (PTON) shares plunged Tuesday after the struggling fitness equipment maker and exercise program provider announced what it called a “global refinancing” plan to rework its debt.
Peloton slips on new debt refinancing plan
Peloton Interactive Inc (NASDAQ:PTON) headed almost 4% lower in pre-market trading on Tuesday after unveiling a debt refinancing plan as it grapples with muted demand. An offer for US$275 million worth of convertible loan notes was announced on Monday, with these set to mature in 2029.
Peloton slips on new debt refinancing plan
Peloton Interactive Inc (NASDAQ:PTON) headed almost 4% lower in pre-market trading on Tuesday after unveiling a debt refinancing plan as it grapples with muted demand. An offer for US$275 million worth of convertible loan notes was announced on Monday, with these set to mature in 2029.
Penny Stock Peloton Falls Toward Zero
Unable to regain sales for its exercise equipment, software, and subscription products, and without a chief executive officer, Peloton Interactive Inc.
Penny Stock Peloton Falls Toward Zero
Unable to regain sales for its exercise equipment, software, and subscription products, and without a chief executive officer, Peloton Interactive Inc.
Peloton shares drop after it announces refinancing to stave off cash crunch
Peloton has launched a “global refinancing” so it can buy back its debt and extend its loan maturities.
Peloton to sell $275 mln of convertible notes to refinance debt
Peloton Interactive said on Monday it will sell $275 million of convertible notes due 2029 as the fitness equipment maker looks to refinance its debt and return to growth after 13 straight quarters of losses.
Peloton unveils convertible-debt refinancing, and its stock falls 8%
Ailing Peloton Interactive Inc. said late Monday it will issue convertible bonds as part of a debt swap, sending the fitness company's stock 8% lower in the after-hours session.
