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Peloton's Uphill Battle - Navigating The 22% Stock Plunge And The Path To Recovery After A Disappointing Earnings Announcement
Tuesday, August 29, 2023 - 10:38am | 552Peloton Interactive Inc. faced a significant setback when it reported a Q4 loss of -$0.68 per share on August 23rd, exceeding the estimated loss of -$0.38, which led to a 22% drop in the stock price and a new all-time low of $5.05. This decline was part of a larger downward trend for Peloton, with...
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Peloton Falls Short As It Continues To Work on Rebranding and Expanding
Monday, August 28, 2023 - 4:18pm | 497Last Wednesday, Peloton Interactive Inc (NASDAQ: PTON) posted a wider-than-expected loss and quarterly drop in subscribers greatly due to Bike recall that costed the fitness company more. Shares plunged 22% in response. CEO Barry McCarthy, who is also a former Netflix Inc (NASDAQ: NFLX) and Spotify...
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Why These 6 Peloton Interactive Analysts Were Not Impressed With Q4 Print
Thursday, August 24, 2023 - 12:34pm | 840Shares of Peloton Interactive Inc (NASDAQ: PTON) continued to rise in early trading on Thursday, after rallying ahead of Nvidia Corp’s (NASDAQ: NVDA) results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Needham On Peloton...
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MrBeast Embodies His Creator Name: Prepare To Be Shocked By The YouTuber's Physical Transformation
Thursday, June 29, 2023 - 3:36pm | 701YouTube star Jimmy Donaldson is taking his creator name "MrBeast" quite literally. After cutting a bunch of weight, he's now on a mission to get "yoked." What Happened: Donaldson on Thursday posted a body transformation picture on Twitter. ...
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As Peloton Shares Fall Over 90%, A Comeback Strategy Surges
Wednesday, June 14, 2023 - 5:05pm | 865Shares of Peloton Interactive (NASDAQ: PTON) reached their all-time high prices of $170.09 per share in January 2021; after a whole two years of facing challenging economic environments and a stern test to their value proposition, the stock is selling for below $10 to mark a 95%...
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Peloton's Bold Comeback Strategy - Embracing Universal Fitness As Shares Dive 95% From All-Time Highs
Friday, June 2, 2023 - 10:32am | 528Peloton experienced a significant increase in demand during the COVID-19 pandemic, causing its stock price to soar by more than 400% in 2020. Peloton's strategic shift involves transitioning from high-end pricing to a more attainable subscription service. As businesses continue to navigate...
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This Company Pays Staff To Exercise On The Clock
Tuesday, May 23, 2023 - 1:40pm | 972In today's fast-paced corporate world, companies are increasingly realizing the importance of prioritizing the health and well-being of their employees. With the goals of boosting productivity, enhancing engagement, reducing healthcare costs and minimizing turnover rates, corporate wellness...
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Foot Locker's Weak Q1 Performance Was Due to Company-Specific Issues, Says Analyst
Monday, May 22, 2023 - 12:44pm | 408Oppenheimer analyst Brian Nagel offered an insight into Foot Locker Inc’s (NYSE: FL) weak first quarter FY23 earnings. The analyst said while macro-conditions are now more challenging, at least somewhat, recent sales and profit issues at Foot Locker appeared largely company...
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Planet Fitness Is Poised For Sustainable Growth, Says Bullish Analyst
Friday, May 19, 2023 - 10:25am | 334Shares of Planet Fitness Inc (NYSE: PLNT) were rising in the premarket on Friday, after tanking last week on the company’s disappointing earnings release. The earnings season plays a key role in investors’ action plans for the future. The recent selloff in Planet Fitness’ stock...
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The Turnaround For Weight Watchers Is Taking Shape
Wednesday, May 17, 2023 - 10:35am | 1077Weight management meals and services provider WW International Inc. (NYSE: WW) stock made a 52-week high of $10.02 after its Q1 2023 earnings release. Shares collapsed (26%) as Artal Group S.A. sold its remaining 14.8 million share stake. Despite the stock sell-off, the Weight Watchers turnaround...
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Peloton Interactive Analysts Give Mixed Reviews: 'Better Than Expected Q3 Sales And EBITDA ... Offset By Soft Q4 Subscriber Guidance'
Friday, May 5, 2023 - 10:45am | 700Shares of Peloton Interactive Inc (NASDAQ: PTON) recovered slightly in the premarket on Friday, after having plunged in the previous trading session on wider-than-expected quarterly losses in the third quarter. The shares are down again after the market opened. These analysts offer mixed...
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Apple's AR/VR Headset Aims To Revolutionize Sports, Gaming And Fitness Features: Here's How
Wednesday, April 19, 2023 - 2:17am | 506Apple Inc.’s (NASDAQ:AAPL) highly-anticipated mixed-reality headset could offer an array of features that will revamp the way users experience sports, gaming, fitness and more. What Happened: Apple is working fervently to amass a variety of software and services for its upcoming...
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Groove As You See Fit: Spotify Users On iPhone To Get 'Right Music' For Workouts Via HealthKit Data
Thursday, December 22, 2022 - 1:41am | 399Spotify Technology S.A. (NYSE: SPOT) is apparently working on a new feature that will allow Apple Inc (NASDAQ: AAPL) iOS subscribers to generate the ideal workout playlists based on their health data via HealthKit. What Happened: Hashtag inventor Chris Messina took to Twitter to...
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Elon Musk Praises This Fitness App As He Reveals Weight-Loss Secret: 'Been Feeling Healthier'
Sunday, August 28, 2022 - 9:55pm | 496Tesla Inc (NASDAQ: TSLA) CEO Elon Musk says he tried intermittent fasting on the advice of a friend and is now feeling "healthier." What Happened: Musk said, “The Zero fasting app is quite good” in a Twitter thread on Sunday. The Zero fasting app is quite good...
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Google Joins Hands With Samsung In A Rare Move To Serve You Fitness Freaks
Monday, May 16, 2022 - 7:29am | 341People now use multiple devices and apps to measure and track various health-related metrics such as the number of steps walked, heart rate and blood pressure. A new platform announced at Alphabet, Inc.'s (NASDAQ: GOOGL) (NASDAQ: GOOG) Google I/O lets Android users securely store health and...