23 08, 2024

Peloton Finally Sees Revenue Growth, but Is it Enough to Justify Buying PTON?

By |2024-08-23T17:30:08+00:00August 23rd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , |

After multiple quarters of stagnant or backward revenue growth, Peloton Interactive Inc. (PTON) finally saw sales climb higher year over year - no matter how marginally. Revenue for the fiscal fourth quarter came in at $644 million, a modest 0.2% bump YoY and well ahead of the $628 million analysts were looking for. This [...]

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1 02, 2024

Peloton Plummets 23% on Weak Q2 Earnings – 3 Reasons It’s Time to Sell This Stock

By |2024-02-01T17:33:27+00:00February 1st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Peloton (PTON) is continuing its fall from grace with another day of plummeting share prices, down more than 23% in Thursday’s trading session. This comes after the fitness company delivered lackluster Q2 earnings alongside a weak outlook for the road ahead. In what was supposed to be Peloton’s strongest quarter amidst the holiday season, [...]

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