Peloton Interactive Stock News

Peloton Interactive's (PTON -4.84%) woes have continued so far this year as the connected fitness company is still struggling to grow and turn a profit as it's been unable to overcome its post-pandemic collapse.

Peloton Interactive (PTON 0.15%) went public in 2019 with a stock price of $29. By December 2020, it had more than quintupled to a record high of $163, as pandemic-related lockdowns and social restrictions triggered surging demand for the company's at-home exercise equipment.

Peloton Interactive Inc (NASDAQ: PTON) has secured financing and cut costs over the past year or so to dilute concerns of bankruptcy, but its stock remains far from worth owning in 2025. While PTON remains in loss on a GAAP basis, the aforementioned efforts helped the connected fitness company generate $70.

The connected fitness company also created the role of chief technology officer to focus on AI.

NEW YORK--(BUSINESS WIRE)--Peloton Interactive, Inc. (NASDAQ: PTON) has appointed Megan Imbres to its leadership team as Chief Marketing Officer. The company has also created a Chief Technology Officer role, promoting Francis Shanahan, its Senior Vice President of Connected Fitness Software, to the position. Together, the appointments represent a commitment to creative and technical innovation ...

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Fitness equipment maker Peloton‘s CEO Peter Stern has said the company is exploring ways to expand its customer base by making its products available for use in gyms, and launching a peer-to-peer marketplace for used equipment.

Peloton has launched an equipment and accessories resale marketplace called Peloton Repowered, as the company boss also slapped a ‘not for sale' sign over the business.