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Peloton Interactive, Inc. (PTON)
| Previous close | 3.5400 |
| Open | 4.1150 |
| Bid | 3.9800 x 300 |
| Ask | 3.9900 x 200 |
| Day's range | 3.8500 - 4.1900 |
| 52-week range | 2.7000 - 9.8700 |
| Volume | |
| Avg. volume | 12,581,188 |
| Market cap | 1.478B |
| Beta (5Y monthly) | 1.96 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -2.1100 |
| Earnings date | 02 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 4.66 |
- Yahoo Finance Video
Peloton reportedly facing private equity buyout
Peloton (PTON) shares are trading higher following a new report detailing multiple private equity firms in competition to buy out the home fitness company. The company reported earnings last week, detailing uncertain revenue prospects, low subscriber growth, and weakening demand. The stock is down over 31% year-to-date. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Barrons.comPeloton Stock Jumps on Report of a Potential Buyout
Peloton Interactive stock was surging Tuesday after CNBC reported that private-equity firms were looking to buy out the at-home fitness company. According to the report, several private-equity firms have been considering a buyout of Peloton as the company works to refinance its debt and cut costs. Peloton told Barron’s that it doesn’t comment on speculation or rumors.
ReutersPrivate equity firms consider potential Peloton buyout, CNBC reports
Shares of the fitness equipment maker rose 20.6% in premarket trading. "We do not comment on speculation or rumors," a Peloton spokesperson said when contacted for comment on the report. Last week, Peloton CEO Barry McCarthy quit and the company announced job cuts to reduce costs after posting weak results.
