© Reuters. FILE PHOTO: 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, September 26, 2019. REUTERS/Shannon Stapleton/File Photo (Corrects typo in paragraph 10) By Joyce Philippe (Reuters) -Peloton Interactive Inc investorsRead More →
Update: The “Peloton husband” actor, Sean Hunter, has confessed in an Instagram post that he made the same purchase for his real-life significant other. In an accompanying photo both Hunter and girlfriend Cassidy Baras appear happy and at ease. “Here’s hoping this goes over better the second time,” Hunter, accordingRead More →
Aviation Gin, the liquor brand owned by actor Ryan Reynolds, has mocked Peloton’s widely criticized holiday commercial with help from the same actress who appeared in the controversial ad for the exercise bike. Peloton’s Christmas advertisement went viral for all the wrong reasons. People have been obsessed with the stationaryRead More →
Shares of Peloton Interactive Inc. backpedaled on Thursday after the connected-fitness company held its initial public offering amid skepticism about fast-growing tech names. Peloton stock PTON, -11.17% opened at $27, $2 below its IPO price of $29, and headed lower from there to eventually close at $25.76, 11.2% lower thanRead More →
© Reuters. peloton2 By Joshua Franklin NEW YORK (Reuters) – Interactive Inc (O:), the U.S. fitness startup known for on-demand workout programs on its exercise bikes, on Wednesday raised $1.16 billion in its initial public offering after pricing shares at the top end of its target range. The IPO byRead More →
Music publishers are pumping up their lawsuit against Peloton. The National Music Publisher’s Association first sued the online exercise company for copyright infringement in March and requested $150 million in damages, claiming that Peloton used more than 1,000 songs without a proper license in its streamed workouts. Now the NMPARead More →
2/2 © Reuters. FILE PHOTO: 2019 MTV Video Music Awards – Arrivals – Prudential Center, Newark, New Jersey, U.S. 2/2 By Jonathan Stempel NEW YORK (Reuters) – Music publishers have asked a federal judge to let them double their lawsuit against Peloton Interactive Inc to $300 million, saying the makerRead More →
The U.S. IPO market is set for a busy autumn with no fewer than five companies setting terms for their planned initial public offerings early Tuesday, positioning September for a flurry of activity. The U.S. market is expected to mark its biggest year measured by proceeds — but not numberRead More →
Peloton Interactive Inc. is a company that sells connected exercise machines and fitness classes. However, according to the very first substantive section of Peloton’s PTON, +0.00% filing for an initial public offering, that is not what the company is. Instead, it is described as a technology company, a media company,Read More →
