PTON Oct 2024 5.000 put
| Previous close | 1.5700 |
| Open | 1.5700 |
| Bid | 1.8700 |
| Ask | 1.9400 |
| Strike | 5.00 |
| Expiry date | 2024-10-18 |
| Day's range | 1.5700 - 1.5700 |
| Contract range | N/A |
| Volume | |
| Open interest | 845 |
StockStoryWhy Peloton (PTON) Stock Is Trading Lower Today
Shares of exercise equipment company Peloton (NASDAQ:PTON) fell 12.9% in the morning session after the company announced a refinancing plan to improve its liquidity and shore up its balance sheet. Peloton intends to 1.) Offer $275.0 million of convertible senior notes due 2029 in a private offering 2.) Enter into a $1 billion five-year term loan facility 3.) Enter into a $100.0 million five-year revolving credit facility. The company intends to use the proceeds to repurchase $800m of existing de
BloombergPeloton Begins Sale of $1 Billion Loan That May Yield 11.5%
(Bloomberg) -- Peloton Interactive Inc., the fitness company known for its pricey stationary bikes and treadmills, kicked off the sale of a $1 billion loan offering as it works to refinance existing debt and recover from a recent slump in sales, according to a person familiar with the matter.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceASML and TSMC Can Disable Chip Machines If China Invades TaiwanHims Debuts $199 Weight-Loss Shots at 85% Discount to Wegovy
Barrons.comThese Stocks Are Moving the Most Today: Palo Alto Networks, XPeng, Peloton, Keysight, Nordson, Lowe’s, and More
Palo Alto Networks issues a fiscal fourth-quarter forecast that underwhelms investors, Chinese electric-vehicle maker XPeng posts a narrower loss, and Peloton tumbles after a refinancing of its debt.
