Peloton could be poached by private equity firms: report
PTONPeloton(PTON) Fox Business·2024-05-07 23:35

Peloton's stock jumped Monday on news that the beleaguered high-end fitness company is being eyed by private equity firms for a potential buyout. The company, which has been trying to turn around mounting losses, started talks with one firm, people familiar with the matter told CNBC. The source didn't specify the firm's level of interest in actually acquiring the company, according to the report. Peloton told FOX Business in a statement that it does "not comment on speculation or rumors." Peloton's stock op ...