Peloton Appoints New CEO as Stock Surges with Q1 Earnings Report

Reported 26 days ago

Peloton Interactive has announced that Peter Stern, a Ford executive, will become its new CEO starting January 2025. This news comes alongside the company's fiscal Q1 2025 earnings report, which exceeded revenue expectations but provided a disappointing outlook for the second quarter, resulting in a surge in Peloton's stock during pre-market trading.

Source: YAHOO

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