Einhorn structured the presentation as if he was an instructor giving a workout class, occasionally shouting out investors in the room. The first page of the deck was titled "15 minute 'Stock Pitch Ride'" and shows an image of Einhorn on a Peloton bike. "Facing bankruptcy can force change," he said during the pitch. "Peloton has started to right-size and cash burn has stopped. It refinanced its debt to push out maturities. And with a loyal customer base that pays $44 per month, it's a valuable subscription ...

Shares of Peloton Interactive (NASDAQ: PTON) have surged by 16% after David Einhorn, billionaire, and hedge fund manager, called the stock undervalued at Robinhood’s (NASDAQ: HOOD) investor conference on October 23.The announcement was made as the Greenlight Capital founder was riding a Peloton bike — previously, in June, the fund had disclosed a $6.8 million stake in the business.The home fitness giant’s fall from an all-time high (ATH) of $162 during the pandemic was swift and unrelenting — following mism ...

Peloton bikes will be available at Costco this holiday season. But why?Peloton's (PTON) stock has been on fire recently, in part because the company is focused on a strategy that works. It needs to sell high-end bikes to consumers and make money on their subscriptions. A recent deal with Costco (COST), of all retailers, could fuel the company's growth. In this video, Travis Hoium shows how this could be a win-win deal over the long term.*Stock prices used were end-of-day prices of Oct. 22, 2024. The video w ...

David Einhorn speaking at the 2024 SOHN Conference in New York City on April 3rd, 2024.Shares of Peloton spiked more than 11% on Wednesday after Greenlight Capital's David Einhorn said shares of the company are significantly undervalued, CNBC has learned. Einhorn made the pitch to investors while he was riding a Peloton bike, a person familiar with his remarks said. It was not immediately clear what Einhorn believed Peloton shares should trade at.Over the summer, Greenlight Capital, the hedge fund that Einh ...

The S&P 500 ( SP500 ) continues to tread water near all-time highs, but the mood in the markets is decidedly quite jittery ahead of the U.S. elections. Some turnaround stocks have made some surprising rebounds, including PelotonWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on ...

Peloton (PTON) shares ended the last trading session 10.8% higher at $5.84. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 11% gain over the past four weeks.The company is capitalizing on its path to sustainable growth, highlighted by its initiatives to streamline operations and improve product offerings. Additionally, the emphasis on software-driven improvements is promising.This exercise bike and treadmill compa ...

Surprise, Peloton stock is on fire.After a rough few years, Peloton (PTON 0.19%) stock has been on fire recently, climbing 70% in just over two months. The reason investors are excited about Peloton again is the company's rapidly improving financials. In this video, Travis Hoium covers how the company's strategy has changed and why investors should take another look at Peloton stock.*Stock prices used were end-of-day prices of Oct. 14, 2024. The video was published on Oct. 14, 2024. ...

NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ: PTON) will release its first quarter fiscal 2025 results before the U.S. stock market opens on Thursday, October 31, 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 Interactive Inc PTON stock just hit a major technical milestone — the Golden Cross.While the stock has been down 10.40% year-to-date, it’s up 10.49% in the past month and this bullish crossover signals the potential for more upward momentum.A Golden Cross Workout For PTON StockThe Golden Cross occurs when a stock's 50-day moving average crosses above its 200-day moving average, and for Peloton, that's exactly what just happened. Chart created using Benzinga ProAt a current price of $5.40, Peloton’s ...

Shares of Peloton Interactive, Inc. (PTON) have gained 28.8% in the past three months compared with the industry’s 20.5% growth. The company is making strides in its journey toward sustainable growth, evidenced by its efforts to optimize operations and enhance its product offerings. Also, the focus on software-driven enhancements bodes well. However, the discontinued Bike Rental Program poses concerns.Growth Drivers for PTON StockExpanding Through Strategic Partnerships: Peloton continues to pursue partners ...