Peloton (NASDAQ:PTON) stock is making a rather surprising move lower today. At the time of this writing, PTON stock is down more than 4% despite the company announcing a rather intriguing partnership with Google and Fitbit parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) to bring Peloton classes to Fitbit smartwatches.This partnership is aimed at improving the utility that Fitbit watches provide users. In addition to a number of other upgrades Alphabet announced during its Google event this week, providing users ...

ab 13 August 2024 Global Research and Evidence Lab Powered by YES UBS Evidence Lab Peloton Interactive Inc July Web Traffic for Interactive Visits down -12% YOY; Q4 Preview July is down less than June-May declines of -17-19% Our analysis of total interactive visits to the Peloton website, with interactive visits defined as total visits excluding bounced visits (those that enter a site, take no action and then leave), shows July web traffic is down -12%, improving from steeper declines in May down -19% and J ...

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ: PTON) will release its fourth quarter fiscal 2024 results before the U.S. stock market opens on Thursday, August 22, 2024. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. (Eastern Time) that day. To access the call by phone, please visit this link for registration (phone registration link) to be provided with dial in details. To avoid delays, we encourage participants to register ...

Peloton did something very important, but it will still make the company's quest for sustainable profits even harder.Peloton Interactive (PTON 1.39%) is still trying to figure out what it wants to be when it grows up. It tried making exercise equipment, but that didn't work as well as hoped. Now, it is trying to be a subscription exercise service, which doesn't appear to be working out as well as hoped, either.That said, the company's recent debt restructuring has managed to buy some time for management to ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

Both of these stocks are trading in the red this year, but one appears to have far more long-term potential than the other.The Nasdaq Composite index is up 20% this year, and it's trading near a record high. But some technology stocks are yet to join in on the rally.SentinelOne (S -3.56%) is down 23% year to date, although it's comfortably off its worst levels. The company develops cybersecurity software powered by artificial intelligence (AI), which is likely to experience significant demand, so I'll argue ...

The connected fitness company is struggling to survive.Peloton (PTON 4.75%) is one of the worst-performing, hyped-up stocks in recent memory. The connected fitness provider that sells exercise bikes, treadmills, and workout subscriptions is off 98% from all-time highs, meaning every $100 invested at the peak is worth just $2 today. After seeing a boom in demand during the pandemic's height, Peloton has struggled to retain subscribers, generate a profit, and manage its balance sheet.In 2024 alone, the stock ...

Investors can contact the law firm at no cost to learn more about recovering their losses. LOS ANGELES, July 02, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm is investigating potential claims against the board of directors of Peloton Interactive Inc. (“Peloton” or the “Company”) (NASDAQ: PTON) concerning whether the board of directors breached its fiduciary duties to shareholders. If you purchased Peloton in 2021, still hold shares in the company, and wish to discuss this matter with us, or have any questi ...

Following the smart money can tip you off about good investment ideas and positions that you should trim from your portfolio. These investors have more time to research their investments and often have large teams doing their research. A lot of thought goes into each decision made by smart money. Emotions less easily sway this group; they have many years of Wall Street experience.Investors shouldn’t make decisions solely based on what someone else does. It is important to conduct your research while conside ...

In this articlePTONA Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2.Michael Nagle | Bloomberg | Getty ImagesPeloton no longer faces an imminent liquidity crunch after a massive debt refinancing, but the company still has a long road ahead to fix its business and get back to profitability.In late May, the connected fitness company secured a new $1 billion term loan, raised $350 million in convertible ...