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Stockreport

Peloton, once hailed as the future of fitness, is now sucking wind [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
On Thursday, the beleaguered company announced Peloton CEO Barry McCarthy is stepping down from his roles as company CEO, president and board director. He will be succeeded by interim co-CEOs Karen Boone and Chris Bruzzo, both Peloton board members. Peloton also announced it is cutting 15% of its staff — or 400 employees — as it tries to cut costs. The job cuts mark the fifth time Peloton has reduced its headcount since the company peaked in 2021. As the company struggles to regain its stronghold in the fitness industry and among consumers, questions are being raised about what the future has in store for the formerly red-hot fitness fad. "Hard as the decision has been to make additional headcount cuts, Peloton simply had no other way to bring its spending in line with its revenue," McCarthy said in a statement announcing his departure Thursday. He added that the move was necessary as the company prioritizes "the necessary task of successfully refinancing its debt." Based in Ne [Read more]

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Stockreport

Peloton, once hailed as the future of fitness, is now sucking wind [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
On Thursday, the beleaguered company announced Peloton CEO Barry McCarthy is stepping down from his roles as company CEO, president and board director. He will be succeeded by interim co-CEOs Karen Boone and Chris Bruzzo, both Peloton board members. Peloton also announced it is cutting 15% of its staff — or 400 employees — as it tries to cut costs. The job cuts mark the fifth time Peloton has reduced its headcount since the company peaked in 2021. As the company struggles to regain its stronghold in the fitness industry and among consumers, questions are being raised about what the future has in store for the formerly red-hot fitness fad. "Hard as the decision has been to make additional headcount cuts, Peloton simply had no other way to bring its spending in line with its revenue," McCarthy said in a statement announcing his departure Thursday. He added that the move was necessary as the company prioritizes "the necessary task of successfully refinancing its debt." Based in Ne [Read more]

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GOOG
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


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%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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