Peloton (PTON) to Launch in Australia in H2 2021, Analysts See Expansion as a Sign of Supply Chain Improvement
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Peloton Interactive (PTON) Australia Launch Details and BofA Securities Take
March 9, 2021 6:31 AM ESTBofA Securities analyst Justin Post reiterated a Buy rating and $175.00 price target on Peloton Interactive (NASDAQ: PTON) after the company officially announced an Australia launch in the second half of 2021, expanding beyond the core U.S., Canada, Germany and U.K. markets. Peloton will... More
After-Hours Stock Movers 03/08: (AYTU) (SFT) (NVTA) Higher; (SFIX) (WTRH) (MGI) Lower (more...)
March 8, 2021 5:40 PM ESTAfter-Hours Stock Movers:
Stitch Fix (NASDAQ: SFIX) 21.7% LOWER; reported Q2 EPS of ($0.20), $0.02 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $504.1 million versus the consensus estimate of $512.22 million.
Waitr Holdings (NASDAQ: WTRH) 15.7% LOWER; reported Q4 EPS of $0.02, $0.02 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $46.8 million versus the consensus estimate of $51.08 million.
Aytu BioScience, Inc. (NASDAQ:... More
Peloton (PTON) Climbs 9.5% Post-Market
March 8, 2021 4:42 PM ESTPeloton (NASDAQ: PTON) Climbs 9.5% Post-Market
Earlier Peloton (PTON) Announces Expansion Into Australia... More
Peloton (PTON) Announces Expansion Into Australia
March 8, 2021 4:33 PM EST(Updated - March 8, 2021 4:36 PM EST)
Peloton (NASDAQ: PTON), the leading interactive fitness platform that pioneered connected, technology-enabled fitness, today announced plans to launch in Australia, marking the brand's entry to the Asia Pacific Region.
Founded in New York City, Peloton brings the energy and benefits of studio-style workouts to the comfort and convenience of home. An innovator at the nexus of fitness, technology and media, Peloton introduced its category-creating indoor Bike in 2014. Today, Peloton has a product portfolio that features two Bike options, two Tread options, as well as a robust Digital... More