Tag: $Peloton

Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters as it slashed its overall losses.

Peloton shares plunged on Monday after the connected fitness company said it is launching a “global refinancing,” as it looks to stave off a cash crunch amid falling sales. 

A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and get back to growth after 13 straight quarters of losses, CNBC has learned. 

Peloton is partnering with TikTok to bring short-form fitness videos and other content to the social media channel.

Peloton and Lululemon announced a five-year strategic partnership.

Peloton Interactive   stock was sinking Wednesday after the at-home fitness company saw a drop in subscribers during its fiscal fourth quarter and provided a disappointing outlook for its first quarter.