An activist investor wants Peloton to fire its CEO and explore a sale after the stationary-bike maker’s stock plummeted more than 80% from its high, as growth slowed
An activist investor wants Peloton Interactive Inc.
to fire its chief executive and explore a sale after the stationary-bike maker’s stock plummeted more than 80% from its high, as growth slowed.Blackwells made public Monday. The firm believes Peloton could be an attractive acquisition target for larger technology or fitness-oriented companies, according to the letter.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WSJ News Exclusive | Activist Investor to Call on Peloton to Fire Its CEOAn activist investor wants Peloton to fire its CEO and explore a sale after the stationary-bike maker’s stock plummeted more than 80% from its high
Read more »
Activist investor Blackwells Capital pushes Peloton to fire CEOActivist investor Blackwells Capital LLC wants exercise equipment maker Peloton Interactive Inc. to fire its chief executive and consider selling itself to a fitness or technology company, two sources familiar with the matter said on Sunday.
Read more »
Activist investor wants Peloton to fire its CEO, pursue a saleAn activist investor wants Peloton Interactive Inc. to fire its chief executive and explore a sale after the stationary-bike maker’s stock plummeted more...
Read more »
Activist Investor Blackwells Aims to Call on Peloton to Fire CEO, Explore SaleAn activist is pushing Peloton to fire its chief executive officer and consider a sale as its share price has plummeted, according to a person familiar.
Read more »
Interview with GreenPower Motors CEO Fraser AtkinsonGreenPower Motors recently announced its plans to manufacture zero-emission all-electric school buses in West Virginia.
Read more »
Pfizer CEO sees annual COVID vaccine rather than frequent boostersPfizer Inc Chief Executive Albert Bourla said on Saturday that an annual COVID-19 vaccine would be preferable to more frequent booster shots in fighting the coronavirus pandemic.
Read more »