1 Beaten-Down Growth Stock Down 97% Looking to Turn Things Around
This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.
Where Will Peloton Stock Be in 3 Years?
Peloton is having trouble boosting demand and getting to profitability. A takeover of the business by a private equity or corporate buyer is a possibility.
Is Peloton Stock a Buy Now?
After some major changes to leadership and the balance sheet, is Peloton finally ready to recover?
What Happened to Peloton Stock?
Peloton's business reported weak growth and more losses last quarter. It has a bad balance sheet, and its CEO just resigned.
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.
