Peloton

Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price

Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
September 27, 2019  |  IPO

Digital fitness brand Peloton ended its first day of trading down 11 percent from its IPO price of $29 a share, Marketwatch reported on Thursday...

READ MORE >
On-Demand Fitness Startup Peloton Pursues $8.2B Valuation 
On-Demand Fitness Startup Peloton Pursues $8.2B Valuation 
September 26, 2019  |  IPO

Fitness startup Peloton is hoping for an $8.2 billion valuation as it goes public, The Financial Times reported on Wednesday (Sept. 25). Get the Full...

READ MORE >
Peloton Aims To Raise Up To $1.16B In IPO
Peloton Aims To Raise Up To $1.16B In IPO
September 11, 2019  |  Retail

In a regulatory filing, Peloton said it aims to raise up to $1.16 billion in its initial public offering (IPO). The company, which is famous...

READ MORE >
Payments And Peloton’s Plans To Go ‘Beyond The Bike’
Payments And Peloton’s Plans To Go ‘Beyond The Bike’
September 06, 2019  |  Innovation

Despite consumers’ best intentions, exercise is hard. Not only do people have to find the energy to actually work out, but gyms can be inconveniently...

READ MORE >
New Cyber Threats, Square’s Strategy And Subscription Changes Top Week’s News
New Cyber Threats, Square’s Strategy And Subscription Changes Top Week’s News
August 30, 2019  |  News

It’s that time again — the last unofficial weekend of summer. In this new edition of the PYMNTS Weekender you can read the news and...

READ MORE >
Peloton’s IPO To Test Subscription Model’s Fitness
Peloton’s IPO To Test Subscription Model’s Fitness
August 29, 2019  |  Subscriptions

Peloton is coming to market with its IPO.  A look at the S-1 filing reveals an embrace of the razor/razor blade model that melds (pricey)...

READ MORE >
Top News In Payments: Spend Tools Key To Maximizing SMB Efficiency; Full Harvest On Fighting Food Waste
Top News In Payments: Spend Tools Key To Maximizing SMB Efficiency; Full Harvest On Fighting...
August 28, 2019  |  News

Today in the payments news roundup, a report highlights the spend solutions that can help small to medium-sized businesses (SMBs). Also, the founder and CEO...

READ MORE >
Peloton Sees Sales And Losses Grow As It Prepares For IPO
Peloton Sees Sales And Losses Grow As It Prepares For IPO
August 28, 2019  |  IPO

At-home fitness company Peloton, which is best known for its exercise bikes and treadmills with screen peripherals allowing for streamed workout classes, said on Tuesday...

READ MORE >
Lawsuit: Peloton Used 1,000+ Songs Illegally
Lawsuit: Peloton Used 1,000+ Songs Illegally
March 20, 2019  |  Legal

The National Music Publishers’ Association (NMPA) is suing streaming exercise bike company Peloton, saying the service used upwards of 1,000 songs without licensing them properly,...

READ MORE >