Peloton's CEO Barry McCarthy departs after two years, leaving shareholders uncertain about future direction.

From Nasdaq: 2024-05-07 07:20:00

Peloton Interactive (NASDAQ: PTON) announced CEO Barry McCarthy’s departure after just two years, shocking investors. The popular at-home fitness company has faced challenges including a treadmill recall and declining stock prices. Shares dropped further with this news, leaving shareholders uncertain about the company’s future direction.



Read more at Nasdaq: The New CEO Is Out. Is This the End for Peloton?