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Tag: Peloton

Peloton has few ‘legitimate’ threats in at-home fitness space: Wedbush

Peloton is well-positioned to dominate the at-home fitness category because there are few serious competitors, Wedbush analyst James Hardiman told CNBC on Wednesday. “Very few of the many alternatives that are out there really rose to the level of being a legitimate threat to Peloton,” Hardiman said on “Closing Bell,” referencing survey work his firm …

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Peloton shares slip, extending two-day losses

A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Peloton extended their two-day losses, trading down as much as 8.9% on Wednesday, following a critical short-seller note …

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Peloton commercial highlights issues with gifting big-ticket items

Peloton holiday ad. YouTube If you cover your eyes on Christmas morning, are you expecting to open them up and see a Peloton? If you haven’t already heard, that’s the premise of a new holiday commercial from the home fitness company. And it’s attracting some criticism on social media. That’s in part because the ad …

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Peloton jumps 9% on report of new rowing machine and cheaper treadmill

John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in New York, on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Peloton jumped nearly 9% before the closing bell Wednesday following …

Peloton jumps 9% on report of new rowing machine and cheaper treadmillRead More