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Peloton staved off the cash crunch that threatened its business. Where does it go now?
PTONPeloton(PTON) CNBC·2024-07-02 16:19

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 ...