A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, US, September 26, 2019. Shannon Stapleton | Reuters Peloton’s chief financial officer, Jill Woodworth, is leaving the company and will be replaced by Liz Coddington, an executive … Read more
A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, US, on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Tuesday reported a wider-than-expected quarterly loss and a steep decline in sales, as inventory piled up in warehouses and ate away at the company’s cash. The connected … Read more
Barry McCarthy, chief financial officer at Spotify, attending annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images When Barry McCarthy showed up to run Peloton about three months ago, he was surprised to learn just how discombobulated the supply chain was and how quickly the … Read more
OpenSea’s NFT issues bring blockchain questions into focus | Fortune You need JavaScript enabled to view it.
Check out the companies making headlines before the bell: Peloton (PTON) – Peloton added 1% in premarket trading after surging more than 20% in each of the past two sessions. Yesterday’s gains came after the fitness equipment maker announced that CEO John Foley was stepping down in favor of former Spotify and Netflix CFO Barry … Read more
Peloton’s makes big changes as Amazon, Nike consider acquisition | Fortune You need JavaScript enabled to view it.
Barry McCarthy, chief financial officer at Spotify, attending annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Peloton is looking to experienced tech executive Barry McCarthy to lead the company back into investors’ good graces and stabilize its business after a few roller coaster years. … Read more