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The Latest Breaking News from Peloton

Peloton gears up to fire 500 staff as part of restructuring plan

The move represents a cut of around 12% of the company’s workforce

Evening Standard

Lululemon Wins a Big Battle Against Peloton

The connected bike company keeps getting bad news as it struggles with demand.

The Street

Mila Kunis confirms Ashton Kutcher first confessed he loved her while drunk

Actor said he had ‘a little too much tequila’

The Independent UK

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Stock Market Breaks Lows; Dow Down 500; Peloton Sinks After Dick's Deal

The stock market sold off as investors fear a more aggressive Fed after a big drop in unemployment claims. Exercise stock sinks on the news.

Investors Business Daily

Owning These 5 Stocks Won't Make You Rich in 2022

Since the Fed’s hawkish monetary policy stance to control the raging inflation is expected to keep the stock market under pressure in the upcoming months, we think it could be wise to avoid fundamentally weak stocks Uber Technologies (UBER), Coinbase Global (COIN), Peloton Interactive (PTON), FuelCell Energy (FCEL), and Marathon…

StockNews.com

Nautilus Joins Peloton In What’s Becoming a Post-Pandemic Reality

Nautilus joins Peloton on list of connected home-exercise equipment companies seeking financial and other options amid a post-pandemic sales slump.

The Street

2 Consumer Stocks That Are Safe to Buy and 2 That Aren't

Despite high prices, overall retail sales have exceeded estimates in August 2022. Moreover, consumer confidence is improving. Investors looking to buy consumer stocks might invest in Procter & Gamble (PG) and Colgate-Palmolive (CL). However, fundamentally weak stocks, Vinco Ventures (BBIG) and Peloton Interactive (PTON), might be best avoided now. Let's…

StockNews.com

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2 Stocks with Too Much Downside Risk to Buy Now

The Fed’s hawkishness and mounting recession fears are expected to keep the stock market under pressure. Amid this backdrop, it could be wise to avoid fundamentally weak stocks Carvana (CVNA) and Peloton Interactive (PTON), which possess significant downside risks. Continue reading….

StockNews.com

First Thing: earthquake shakes Mexico on anniversary of two past tremors

Quake registered at 7.5 magnitude on anniversary of earlier tremors. Plus, the rise and fall of Peloton

The Guardian - UK

2 Meme Stocks You Should Not Touch With a 10-Foot Pole

The return of the meme stock frenzy has led several fundamentally weak stocks to soar to unsustainable prices. With the stock market expected to remain under pressure in the upcoming months, it could be wise to avoid fundamentally weak meme stocks Peloton Interactive (PTON) and Bed Bath & Beyond (BBBY).…

StockNews.com

A pricey clothes rack? The people struggling to resell their Pelotons

As people return to their pre-pandemic exercise routines, the popularity of the expensive home-exercise bikes is on the wane

The Guardian - US

5 Stocks to Sell Before Things Get Even Uglier

August’s CPI report revealed that inflation is far from being eased, enhancing the odds of another big Fed rate hike next week. With stubbornly high prices and tumbling market sentiment, it could be wise to sell fundamentally weak stocks Lucid Group (LCID), Plug Power (PLUG), AMC Entertainment (AMC), Peloton Interactive…

StockNews.com

Stock Market Losses Worsen, Dow Jones Off 900 Points

The major stock market indexes losses mounted in the noon hour of trading on Tuesday, and were at the lows of the day. The stock market punished investors on higher-than-expected August CPI (consumer price index) inflation results. The Nasdaq dropped 4%, leading the losses. The S&P 500 lost 3.2%. The…

Investors Business Daily

Peloton Stock Slides As Co-Founders Depart Amid Turnaround Effort

"Now it is time for me to start a new professional chapter (and) I m leaving the company in good hands," said outgoing co-founder John Foley.

The Street

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The Street

Stocks Push Gains, Inflation, Peloton, Oracle And Starbucks In Focus - Five Things To Know

Stock futures add to gains ahead of inflation data; Headline CPI may tumble, but core likely sticky; Peloton slides as co-founders depart; Oracle bumps higher on cloud revenue forecast and Starbucks investor day to guide new CEO strategy.

Benzinga

Peloton Shares Drop As Co-Founders Step Down From Roles At Embattled Connected Fitness Company

Peloton Interactive Inc (NASDAQ: PTON) shares were trading lower in Monday's after-hours session after the company announced that co-founders John Foley and Hisao Kushi will step down from their roles at the connected fitness company.<

StockNews.com

3 Stocks to Sell as Investors Brace for More Fed Tightening

Concerns about skyrocketing inflation, the Federal Reserve's hawkish stance to tame it, and the prospect of a recession have driven recent market selloffs. As the Fed is expected to keep raising interest rates to bring inflation down to its target level, fundamentally weak stocks Peloton Interactive (PTON), Revolve Group (RVLV),…

StockNews.com

3 Layoff Stocks You Might Want to Avoid for the Rest of 2022

The economic and geopolitical headwinds have hammered several businesses this year, with many laying off their employees to reduce costs and stay afloat. Shares of Shopify (SHOP), DoorDash (DASH), and Peloton Interactive (PTON), which have taken layoff measures because of their unstable fundamentals and dim growth outlooks, could be best…

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The Street

Peloton Stock Slips As Delayed Annual Report Notes Fines Linked To Tread+ Recall, Internal Control Weakness

Peloton's delayed annual report indicated risks linked to internal financial controls as fines associated with the 2021 recall of its Tread+ treadmill.

StockNews.com

Should Investors Throw in the Towel on Peloton Stock?

Shares of interactive fitness platform Peloton Interactive (PTON), which enjoyed a stellar run during the peak of the COVID-19 pandemic, have fallen precipitously and are now trading 92% below their 52-week high. Let’s find out if it is worth buying the stock now….

StockNews.com

Don't Let Their High-Volume Fool You. 3 Active Stocks to Avoid Right Now

Despite the slower pace of payroll gains in August, market uncertainty is expected to continue as the Fed is expected to put more weight on the upcoming CPI data. Amid this backdrop, high-volume trading of Plug Power (PLUG), SoFi Technologies (SOFI), and Peloton Interactive (PTON) may not indicate anything positive…

StockNews.com

Is It Time to Move on and Sell PTON Stock?

Exercise equipment company Peloton Interactive (PTON) has struggled to find support this year, and the stock lost more than 70% year-to-date. Given its bleak sales outlook and widening losses, is it time to avoid the stock? Read on to learn our view….

The Street

Stocks Higher, Bed Bath & Beyond, Lucid Group, Peloton And Best Buy In Focus - Five Things To Know

Stock futures bounce as dollar, oil retreat; Bed, Bath & Beyond surges as memers await strategy update; Lucid Group files plans to raise $8 billion in new capital; Peloton delays 10-K filing amid complicated restructuring and Best Buy earnings in focus amid sales warning, job cuts

The Street

Why Investors Should Ignore the Fed, Interest Rates, and Most News

Most news coverage of stocks is like reporting on the score four minutes into an NBA game. It's just noise because there's space to fill.

Investors Business Daily

This Short Strangle Takes Advantage Of Sky-High Volatility In Peloton Stock

With poor news out already and options displaying high volatility, investors can use a short strangle trade on Peloton stock.

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