Pelotons

Finally, some less dramatic news from Peloton: its Lanebreak in-app video game is finally here for Peloton Bike and Bike Plus owners. You can find Lanebreak in the “More Rides” menu at the bottom right of a Peloton bike’s tablet. The…

What’s Up? (Feb. 6-12)Peloton Hits a Steep HillEarly in the pandemic, with gyms closed and people stuck at home, demand for Peloton’s bikes and virtual classes soared. So did its share price. But sales growth has slowed as gyms and fitness…

John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company's initial public offering (IPO) in front of the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26,…

Barry McCarthy, chief financial officer at Spotify, attend annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho.Drew Angerer | Getty ImagesPeloton's new CEO, Barry McCarthy, is telling remaining staff that…

Peloton’s vice president of hardware engineering, Sam Bowen, and its commercial operations executive, Rob Barker, are leaving the company, according to a report from Bloomberg. Bowen led the development of the company’s bikes,…

Barry McCarthy, chief financial officer at Spotify, attend annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho.Drew Angerer | Getty ImagesPeloton is looking to experienced tech executive Barry McCarthy to…

In some more bad news for Peloton, rival Echelon Fitness has persuaded the US Patent and Trademark Office that two of Peloton’s patents related to streaming and on-demand classes aren’t actually patentable. The decision was made last…

Peloton Interactive Inc. stationary bicycles sit on display at the company's showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019.Jeenah Moon | Bloomberg | Getty ImagesWarning: This article includes some spoilers for…

Shares of Peloton closed down 23.9% at $24.22 on Thursday, wiping roughly $2.5 billion off of its market value. The sharp drop brought the stock beneath the $29 mark where it first priced at in September of 2019, and marked another notable…

A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Getty ImagesPeloton's troubles have lingered into the new year.JPMorgan…