Peloton Interactive Inc. stock outperforms market on strong trading day

Shares of Peloton Interactive Inc. PTON, +2.11% advanced 2.11% to $9.69 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -0.18% falling 0.18% to 12,368.98 and Dow Jones Industrial Average DJIA, -0.14% falling 0.14% to 32,798.40. This was the stock’s fourth consecutive day … Read more

Fed Up With China, One Boss Tries Removing It From the Supply Chain

For two months, millions of dollars worth of designer perfume and cologne sat untouched in a Shanghai warehouse as Covid-related lockdowns rendered the building inaccessible. For Jean Madarfounder and chairman of Inter Parfums the lost sales validated his decision to break up with China.

Peloton Interactive Inc. stock rises Thursday, outperforms market

Shares of Peloton Interactive Inc. PTON, + 4.93% advanced 4.93% to $ 10.65 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, + 2.28% rising 2.28% to 11,621.35 and the Dow Jones Industrial Average DJIA, + 1.12% rising 1.12% to 31,384.55. Peloton Interactive … Read more

Peloton Swaps Out Finance Chief as It Navigates Persistent Losses

Peloton Interactive Inc. is exchanging its top finance executive about four months after it named a new chief executive, a move that comes as the fitness equipment maker navigates persistent losses. The New York-based at-home exercise equipment company on Monday said Liz Coddington will serve as its chief financial officer, effective June 13. Peloton said … Read more

Lift to Pause Some Hiring and Trim Budgets, Citing Economic Slowdown

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Peloton Interactive Inc. stock rises Friday, outperforms market

Shares of Peloton Interactive Inc. PTON, + 16.52% jumped 16.52% to $ 15.87 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, + 3.82% rising 3.82% to 11,805.00 and the Dow Jones Industrial Average DJIA, + 1.47% rising 1.47% to 32,196.66. This was … Read more

The Companies Cutting Staff, Freezing Hiring or Slashing Costs: See the List

Companies which saw substantial growth during the Covid-19 pandemic are starting to take a more cautious approach toward hiring and spending. From Peloton Interactive Inc. spirit Meta Platforms Inc. thaw Twitter Inc Uber Technologies Inc. and others, corporate belt tightening comes as the Federal Reserve is raising interest rates, global stock markets have fallen and … Read more

Peloton Is Raising Its Subscription Price. What It Means for the Stock.

Text size Peloton XXX Ezra Shaw / Getty Images For years, Peloton Interactive executives characterized the company’s $ 39 a month subscription price point as “sacred,” “sacrosanct,” and “our golden goose.” Not anymore. The maker of interactive bikes and treadmills told subscribers on Thursday it was raising the price of its connected fitness membership for … Read more

Peloton Interactive Inc. stock outperforms market on strong trading day

Shares of Peloton Interactive Inc. PTON, + 2.63% rallied 2.63% to $ 24.18 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -2.18% falling 2.18% to 13,411.96 and Dow Jones Industrial Average DJIA, -1.19% falling 1.19% to 34,308.08. The stock’s rise snapped a … Read more

Peloton Interactive Inc. stock falls Friday, underperforms market

Shares of Peloton Interactive Inc. PTON, -2.08% shed 2.08% to $ 23.56 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, + 0.40% rising 0.40% to 34,721.12 and the NASDAQ Composite Index COMP, -1.34% falling 1.34% to 13,711.00. This was the stock’s … Read more