Previous close | 0.5300 |
Open | 0.4800 |
Bid | 0.4400 |
Ask | 0.4600 |
Strike | 3.00 |
Expiry date | 2025-01-17 |
Day's range | 0.4400 - 0.4800 |
Contract range | N/A |
Volume | |
Open interest | 33.61k |
Peloton Interactive ( NASDAQ:PTON ) Third Quarter 2024 Results Key Financial Results Revenue: US$717.7m (down 4.2% from...
Shares of exercise equipment company Peloton (NASDAQ:PTON) jumped 20.9% in the afternoon session after reports that private equity firms are considering a buyout of the company. According to sources, there are discussions about cutting Peloton's operating expenses to make a potential acquisition more attractive. On May 2, 2024, Peloton announced cost optimization initiatives to reduce annual run-rate expenses by more than $200m by the end of FY'25. The plan includes reducing its global headcount
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. The company had discussed plans to go private with at least one firm as multiple private equity firms flocked around to pitch an attractive deal by exploring ways to slash its operating expenses. Last week, the connect