Peloton stock
Peloton stock Articles
Peloton has announced another bad quarter and fired its CEO. This provider of exercise equipment has tried almost everything to get back on track.
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Peloton's share price has declined, and with good reason. Despite securing new funding, the company continues to struggle to survive.
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Quarterly results at Peloton Interactive were so poor that the stock plunged and CEO Barry McCarthy was fired.
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Peloton CEO Barry McCarthy was hired to turn around the struggling company, but his efforts in the past two years have failed to have an impact on results.
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Peloton has had a tough year, with its revenue shrinking and stock price falling. Is there any way for things to change?
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