Peloton Interactive, Inc. (NASDAQ:PTON) Morgan Stanley Technology, Media & Telecom Conference Call March 7, 2024 12:30 PM ET Company Participants Elizabeth Coddington - CFO Conference Call Participants Nathan Feather - Morgan Stanley Nathan Feather Okay, great. Well, good morning, everyone. Thank you so much for joining us. My name is Nathan Feather and I'm Morgan Stanley's small and mid-cap Internet analyst. I'm excited to be joined today by Liz Coddington, Peloton's CFO. Thank you so much for joining us. ...

Shares of connected fitness giant Peloton Interactive (PTON -1.25%) fell 19% in February, according to data provided by S&P Global Market Intelligence. The company reported its fiscal second-quarter results, and investors weren't too happy about them.The news is getting worse instead of betterIt's hard to believe that not too long ago, Peloton was riding high as a pandemic-era darling. Sales were soaring, and demand was so high the company couldn't meet it.But that came crashing down quickly. Part of the pr ...

There are three tech stocks to sell for February. These companies are in the process of a slow decline via slowing fundamentals and weak business models that are not conducive to the long-term gains that investors hope for.Given the rising S&P 500 and Nasdaq indices, which generally signal robust market conditions, investors might expect all tech stocks to follow suit. This may be true to an extent for the three discussed in this article. However, I feel they also have distinct challenges that may hinder th ...

In the years since its business boomed during the social-distancing phases of the pandemic, Peloton Interactive (PTON -0.23%) has been dealing with ongoing challenges, and it's trying to get back to its winning ways. A new leadership team is implementing changes to get the struggling company on a path to achieving growth and financial soundness.Shareholders have been feeling the pain. As of this writing, the consumer discretionary stock is 97% below the peak price it reached in January 2021.  Maybe there's ...

In the aftermath of the 2022 bear market, many stocks are trading at significant discounts to their previous highs. This is mostly due to market sentiment changing for some companies as business fundamentals were previously detached from the stock performance. For others, however, the fall from grace has been warranted due to challenges with the business.Unfortunately, at-home fitness company Peloton (PTON -0.23%) falls into the latter category. While it's true that some of its recent stock performance is d ...

NEW YORK, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced that the company will be participating in the Morgan Stanley Technology, Media & Telecom Conference on Thursday, March 7, 2024, at 9:30 AM PST. Attending for Peloton will be Liz Coddington, Chief Financial Officer. The live webcast and replay can be accessed in the Events section of the Company's Investor Relations website: https://investor.onepeloton.com/news-and-events/events. About Peloton Peloton (NASDAQ: ...

While investors benefit from a raging bull market, it's interesting to see companies that continue to underperform. Peloton (PTON -2.58%), for example, is currently 97% below its all-time high. And shares have dropped 66% in the last 12 months (as of Feb. 14).This consumer discretionary stock was once a darling on Wall Street. But it has been pedaling backward for the past few years.As of this writing, the beaten-down shares are trading at a price-to-sales (P/S) ratio of 0.6. That's ridiculously cheap, demo ...

While the market continues to hit fresh all-time highs, some companies couldn't be struggling more. Peloton Interactive (PTON -7.48%) is one such unfortunate business.The fitness enterprise reported mixed results for its fiscal 2024 second quarter (ended Dec. 31). But investors really weren't pleased with the new info that was revealed, as the consumer discretionary stock fell more than 20% on the day of the announcement.This means that shares are down 97% from their peak price roughly three years ago. Shou ...

Peloton (PTON 5.71%) stock posted significant gains Monday thanks to news about recent sales and purchases of the stock made by large institutional investors. The exercise specialist's share price ended the daily session up 5.7%, according to data from S&P Global Market Intelligence.Morgan Stanely and Capital World Investors submitted SC 13G/A filings to the Securities and Exchange Commission (SEC) that showed their respective holdings in Peloton stock as of late December. While Morgan Stanley trimmed its h ...

Peloton Interactive (PTON 5.60%) stock is making big gains in Monday's trading. The company's share price was up 7.5% as of 2:45 p.m. ET, according to data from S&P Global Market Intelligence.On Friday, Morgan Stanley and Capital World Investors submitted filings to the Securities and Exchange Commission (SEC) disclosing their updated holdings in Peloton as of late December. Morgan Stanley's SC 13G/A filing showed that it had reduced its position in the stock, while Capital World Investors showed that it ha ...