Peloton (PTON) stock rallies 6.4% after announcing new chief technology officer

From Yahoo Finance: 2025-06-28 10:25:00

Peloton Interactive, Inc. (NASDAQ:PTON) is listed as one of the 10 Stocks Leave Wall Street Stunned, with a 6.42% rally on Friday closing at $6.8 per share. The company announced the creation of a chief technology officer role to focus on AI innovation, filled by Francis Shanahan. In Q3 of fiscal year 2025, Peloton’s net losses narrowed by 71.5% to $47.7 million, with nine-month losses down by 73% to $140.5 million. Revenues for the last quarter decreased by 13% to $624 million, and revenues for the nine-month period decreased by 8% to $1.883 billion.



Read more at Yahoo Finance: Peloton (PTON) Rallies 6.4% on Quarterly Window-Dressing