Peloton Sees Interest For Potential Buyout From Private Equity, Stock Soars
Benzinga
MAY 7, 2024
Peloton Interactive Inc. NASDAQ: PTON ) shares are trading higher following a report suggesting that private equity firms are considering a potential buyout of the company. The update comes amid Peloton’s business turnaround plans after 13 straight quarters of losses, CNBC reports. million were down by 4.2%
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