Reported 1 day ago
Peloton Interactive, Inc. (NASDAQ:PTON) experienced a 6.42% rally, closing at $6.8, as investors sought bargains before the quarterly window-dressing. The company has appointed Francis Shanahan as its first chief technology officer to enhance its focus on artificial intelligence. Peloton reported a significant reduction in net losses for Q3 FY2025, narrowing them by 71.5% to $47.7 million, while revenues declined by 13% year-on-year.
Source: YAHOO