Peloton

Peloton shares soared 30% in extended trading Wednesday after the company announced a five-year partnership with fellow high-end fitness brand Lululemon.

Peloton shares tumbled after the company reported fiscal fourth quarter earnings on Wednesday morning. Total revenue in the quarter dropped to $642.1 million.

Peloton Interactive announced changes on Wednesday that allow everyone to access many of the company's fitness classes and workouts, no matter where they are.

Peloton Interactive on Thursday announced a voluntary recall for its original bike model after it discovered a potential safety issue with the seat posts.

Peloton's original bike model has a potential safety issue with some seat posts that the fitness and media company said in a Thursday filing it has plans to address.

Peloton shares are up on Wednesday after the company reported significant losses in their latest quarter.

While at-home workouts like Peloton thrived during the Covid-19 pandemic, resurgence in demand for in person fitness classes has gym owners optimistic.

Peloton agreed to pay a $19 million fine for failing to disclose defects with its Tread+ treadmill, according to the Consumer Product Safety Commission.

Peloton will offer used versions of their in home exercise bike. All bikes will be refurbished, certified, and come with a 12-month warranty for piece of mind.

Peloton CEO Barry McCarthy said that the fitness equipment giant's turnaround effort remains a "work in progress" but that the "ship is turning."

The high-end fitness company said it will not use Ye's music in any new classes on its platform after the rapper and designer's recent antisemitic comments.

Foley pledged about 3.5 million Peloton shares as collateral as of the end of September 2021, or about 20% of his stake at the time, according to the Wall Street Journal.

Peloton CEO Barry McCarthy said in a memo to employees that the cuts mark the completion of the "vast majority" of its restructuring plan launched in February.

Hilton Honors members who are first-time Peloton users will receive a 90-day trial to the fitness giant's app and preferred pricing on select connected fitness products.

Peloton announced a partnership with Dick's Sporting Goods -- its first move into brick-and-mortar stores just ahead of the upcoming 2022 holiday season.

Dara Treseder helped oversee the launch of the Bike+, Tread, Peloton Guide and new Peloton Row. During her tenure, Peloton's membership base grew to over 6.9 million subscribers.

Peloton is expanding its product lineup by adding a rowing machine. The fitness giant has embarked on an $800 million restructuring. Its existing portfolio includes the Peloton Guide, Bike and Bike+ and Tread and Tread+.

Peloton co-founders John Foley and Hisao Kushi are resigning from the company. The leadership changes come as the fitness giant has embarked on an $800 million restructuring plan.

Peloton Interactive, he fitness equipment and media company, also faces investigations from the Department of Justice, Department of Homeland Security and US Securities and Exchange Commission.

Peloton's disappointing results come after it embarked on an $800 million restructuring plan, which has included sweeping layoffs and price hikes on its Bike+ and Tread products.