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More Posts on Peloton
The company made several announcements early Tuesday morning.
Peloton stock shot up more than 30% following the news.
Peloton Suffers Another Major PR Nightmare as Another TV Show Features a Heart Attack on the Company's Bike
Season 6 of Showtime's 'Billions' featured a scary scene with one of its characters riding a bike.
Peloton Shares Rise After CEO Writes the Company is Considering Layoffs: 'We Now Need to Evaluate Our Organization Structure and Size of our Team'
In a memo, Peloton CEO John Foley wrote that the company has 'experienced leaks containing confidential information' following reports it was halting production.
The show's premiere featured a shocking scene using one of the company's namesake bikes.
Once engaged in an 'amicable' co-branding relationship, the athletic brands are now in a heated legal battle.
The Peloton craze may be waning, marking a shift in consumer behavior.
The DOJ and Department of Homeland Security have subpoenaed the company for documents and information about the injuries caused by the Tread+ treadmill.
Peloton assured users that the issue was "already fixed" via a software update.
The singer has donated two-year subscriptions to students at 10 Historically Black colleges.