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 [...]
By Jason Novak|2023-12-07T19:48:24+00:00November 7th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Consumer Cyclical, Fitness, Hot Stock, Hot Stocks, Leisure, Planet Fitness Inc, PLNT|
Planet Fitness (PLNT) delivered third-quarter earnings that sent shares 12% higher in Tuesday morning’s session after beating the consensus on the top and bottom lines. Revenue for the third quarter climbed to $277.6 million, representing nearly 14% growth YoY. The FactSet consensus was just $268.2 million. A big chunk of this growth can be [...]
By Jason Novak|2023-12-07T19:49:18+00:00October 26th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Consumer Cyclical, Hot Stock, Hot Stocks, Leisure, MAT, Mattel Inc, Retail Stock, Toys & Games|
Shares of Mattel (MAT) fell as much as 16% in pre-market trading Thursday morning, before settling at around an 8% loss when the market opened. This came after the toymaker shared its third-quarter earnings. The company beat out analyst expectations on the top and bottom line, reporting an EPS of $1.08 compared to the [...]
By Jason Novak|2023-12-07T20:51:09+00:00May 12th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Consumer Cyclical, Leisure, Peloton Interactive, PTON|
Shares of Peloton stock (PTON) have been on a steady ride to the bottom, and things just got a whole lot worse. The company voluntarily recalled a whopping 2 million+ bikes on Thursday. This news sent shares tumbling 9% in the past two days, putting more downward pressure on what was already a negative [...]
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