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23 08, 2024

Peloton Finally Sees Revenue Growth, but Is it Enough to Justify Buying PTON?

By |2024-08-23T17:10:09+00:00August 23rd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , |

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 [...]

1 02, 2024

Peloton Plummets 23% on Weak Q2 Earnings – 3 Reasons It’s Time to Sell This Stock

By |2024-02-01T17:26:08+00:00February 1st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

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, [...]

5 01, 2024

Is Peloton’s TikTok Deal Enough to Justify Buying This Stock? 3 Things to Consider

By |2024-01-05T16:45:08+00:00January 5th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

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 [...]

12 05, 2023

Peloton Recalls 2 Million+ Bikes: But, We Found 3 Other Major Issues Investors Need to See

By |2023-12-07T20:51:09+00:00May 12th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

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 [...]

25 08, 2022

Peloton Stock Soars With Amazon Sales Channel…Then Plummets as Q4 Earnings Miss. Here’s Why VectorVest Still Rates it a HOLD

By |2023-12-07T21:16:23+00:00August 25th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , |

Those looking to buy Peloton equipment and fitness gear or access to thousands of on-demand fitness classes will be excited to hear that it just got a whole lot easier. Now - the company’s offerings are available through Amazon. The fitness company struck a partnership with the e-commerce platform to grow its customer base, [...]

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