Pressure building for Peloton CEO as share price hits all time low

Peloton
AllNewsSport and Leisure
//  Pressure is building on Peloton CEO Barry McCarthy as the company’s share price hit an all time low on Friday.
//  Investors are losing confidence in McCarthy’s ability to reverse the fortunes of the fitness tech brand and turn a profit.

Stock fell by over 13% at one point, reaching $14.70, a price well below Peloton’s IPO price of $29.

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Pressure building for Peloton CEO as share price hits all time low

Peloton

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//  Pressure is building on Peloton CEO Barry McCarthy as the company’s share price hit an all time low on Friday.
//  Investors are losing confidence in McCarthy’s ability to reverse the fortunes of the fitness tech brand and turn a profit.

Stock fell by over 13% at one point, reaching $14.70, a price well below Peloton’s IPO price of $29.

Read the full story on Charged Retail 

Click here to sign up to Retail Gazette‘s free daily email newsletter

AllNewsSport and Leisure

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
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