By Jason Novak|2024-08-23T17:10:09+00:00August 23rd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Consumer Cyclical, Consumer Defensive, Exercise Equipment, Featured, Gym Equipment, Hold Recommendation, Leisure, Peloton, Peloton Interactive Inc, PTON, Stocks In the News|
After multiple quarters of stagnant or backward revenue growth, Peloton Interactive Inc. (PTON) finally saw sales climb higher year over year - no matter how marginally. Revenue for the fiscal fourth quarter came in at $644 million, a modest 0.2% bump YoY and well ahead of the $628 million analysts were looking for. This [...]
By Jason Novak|2024-02-01T17:26:08+00:00February 1st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Consumer Cylical, Exercise Equipment, Gym Equipment, Leisure, Peloton, Peloton Interactive Inc, PTON, Stocks In the News|
Peloton (PTON) is continuing its fall from grace with another day of plummeting share prices, down more than 23% in Thursday’s trading session. This comes after the fitness company delivered lackluster Q2 earnings alongside a weak outlook for the road ahead. In what was supposed to be Peloton’s strongest quarter amidst the holiday season, [...]
By Jason Novak|2024-01-05T16:45:08+00:00January 5th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Consumer Cyclical, Exercise Equipment, Hot Stock, Hot Stocks, Leisure, Peloton Interactive Inc, PTON, Specialty Retailer|
Yesterday in Thursday’s trading session, Peloton (PTON) announced a new partnership with TikTok, sending shares 9% higher. The stock picked right back up in Friday morning’s trading session and has climbed more than 15% so far. Peloton will get its own “Hub” on TikTok, and it will be referred to as “#TikTokFitness Powered by [...]
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