Peloton

CE 100 Index Loses 2.4% as Peloton Offsets Chipmaker Momentum
CE 100 Index Loses 2.4% as Peloton Offsets Chipmaker Momentum
May 27, 2024  |  Connected Economy

Coming into the holiday-shortened trading week, the CE 100 Index lost 2.4%.  All pillars posted declines for the week that ended May 24. Peloton helped bring...

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Peloton to Launch Global Refinancing 3 Weeks After Beginning Restructuring
Peloton to Launch Global Refinancing 3 Weeks After Beginning Restructuring
May 20, 2024  |  Fitness

Peloton Interactive plans to launch a global refinancing. The connected fitness company will offer $275 million aggregate principal amount of convertible senior notes due 2029 in...

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Sezzle’s Surge Leads 1.7% Gain for CE 100 Index
Sezzle’s Surge Leads 1.7% Gain for CE 100 Index
May 13, 2024  |  Connected Economy

The CE 100 Index was up 1.7% through the past week, and earnings were the dominant theme across all pillars.  Pay and Be Paid Pillar...

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Affirm Credits Mid-Market With Q3 ’24 Earnings Gains
Affirm Credits Mid-Market With Q3 ’24 Earnings Gains
May 08, 2024  |  Earnings

Although it didn’t address two big elephants in the room, buy now, pay later company Affirm rode solid advancements in its debit card and gross...

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Private Equity Firms Considering Buyout of Peloton
Private Equity Firms Considering Buyout of Peloton
May 07, 2024  |  Acquisitions

Private equity firms have reportedly been considering a buyout of Peloton. At least one firm has talked with Peloton about going private, and a number...

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Integrated Health Metrics Unlock New Frontier for Connected Wellness
Integrated Health Metrics Unlock New Frontier for Connected Wellness
May 03, 2024  |  Connected Economy

In the wake of Peloton’s restructuring efforts that come amid a decline in user engagement and a shrinking user base, the connected fitness industry finds itself at a critical juncture. While Peloton’s...

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Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 
Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 
May 02, 2024  |  Earnings

Peloton made headlines on Thursday (May 2) as it announced the launch of restructuring efforts, including laying off approximately 400 employees — about 15% of its global workforce...

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Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring
Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring
May 02, 2024  |  Personnel

Peloton Interactive has begun a search for a new CEO and announced that Barry McCarthy has stepped down as CEO, president and board director. Chairperson Karen Boone and Director Chris Bruzzo will...

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CE 100 Index Slips 3.5%, Led by Tesla and Peloton
CE 100 Index Slips 3.5%, Led by Tesla and Peloton
April 22, 2024  |  Connected Economy

The CE 100 Index gave up 3.5% for the week as earnings season began in full swing. Stock market gains were few and far between....

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