Peloton Shares Surge On Private Equity Firm Buyout Report
Peloton Shares Surge On Private Equity Firm Buyout Report Just one week after Barry McCarthy, CEO of Peloton Interactive, announced his departure following a disastrous tenure that saw shares plummet by 92%, CNBC reports private equity firms are circling the struggling company, known for strapping iPads on fancy exercise bikes and charging wealthy consumers a hefty premium, for a potential buyout. People […]
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