Peloton shares rise more than 25% as turnaround plan takes hold, losses shrink
Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters as it slashed its overall losses. The beleaguered connected fitness company, which two board members have run since former CEO Barry McCarthy resigned earlier this year, saw sales grow by […]
Peloton shares rise more than 25% as turnaround plan takes hold, losses shrink Read More »