The connected-fitness company posts a wider-than-expected loss and a decline in revenue in its fiscal second quarter.
This is not merely a temporary setback; it is the result of profound structural difficulties, dwindling demand, changing consumer ...
Fitness technology firm Peloton Interactive Inc. has laid off about 11% of its global workforce. Most of the job cuts ...
Peloton stock dropped 9% after reporting Q2 earnings miss and 3% revenue decline as paid subscribers fell 7% year-over-year.
Peloton has run into all sorts of problems over the past few years, and revenue keeps declining. However, it has made strides ...
Peloton is recalling about 833,000 Original Series Bike+ units, the Consumer Product Safety Commission announced Thursday. The product's seat post assembly has broken during use, posing fall and ...
Peloton built a shinier bike. Its customers shrugged. Shares of Peloton Interactive plunged 26% on Wednesday after the ...
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