The New CEO Is Out. Is This the End for Peloton?

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.



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