financetom
Business
financetom
/
Business
/
Market Chatter: Peloton Interactive Looking to Place Machines in Commercial Gyms, CEO Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Peloton Interactive Looking to Place Machines in Commercial Gyms, CEO Says
Jun 6, 2025 8:12 AM

10:38 AM EDT, 06/06/2025 (MT Newswires) -- Peloton Interactive ( PTON ) is looking to distribute its machines to commercial gyms through its Precor unit, TechCrunch reported Friday, citing Chief Executive Officer Peter Stern.

The fitness equipment maker is also exploring the launch of a peer-to-peer marketplace for used gear, Stern reportedly said Thursday at a Bloomberg technology summit.

The plans are part of the company's efforts to expand its customer base, according to the report.

Shares were up 1.5% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 7.05, Change: +0.11, Percent Change: +1.51

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
JetBlue boosts Fort Lauderdale service with nine new routes
JetBlue boosts Fort Lauderdale service with nine new routes
Sep 10, 2025
NEW YORK, Sept 10 (Reuters) - JetBlue Airways ( JBLU ) said on Wednesday it is expanding service from Fort Lauderdale, Florida, as U.S. airlines rush to expand service in the key markets of bankrupt discount carrier Spirit Airlines. New York-based JetBlue ( JBLU ) is offering nine new nonstop routes from Southern Florida across the United States, Latin America,...
Iamgold Poised for Reduced Ramp-Up Risks at Cote Gold Mine, RBC Capital Says
Iamgold Poised for Reduced Ramp-Up Risks at Cote Gold Mine, RBC Capital Says
Sep 10, 2025
11:06 AM EDT, 09/10/2025 (MT Newswires) -- Iamgold ( IAG ) expects to publish an updated life-of-mine plan for its flagship Cote Gold project in Ontario, Canada by the end of 2026, which will incorporate the 7.4 million-ounce Gosselin deposit and a potential 30-40% throughput expansion, RBC Capital said in a note Wednesday. The analysts raised their rating on the...
Exclusive-US biofuel plan would reallocate half or less of waived blending quotas, sources say
Exclusive-US biofuel plan would reallocate half or less of waived blending quotas, sources say
Sep 10, 2025
(Reuters) -The White House is considering a plan that would require large oil refineries to cover around half or less of the biofuel blending requirements recently waived for smaller facilities, according to three sources familiar with the matter. The proposal submitted by the Environmental Protection Agency and now under review by the White House would require large refiners to cover...
--One Liberty Properties Keeps Quarterly Dividend at $0.45 per Share, Payable Oct. 6 to Holders of Record on Sept. 24
--One Liberty Properties Keeps Quarterly Dividend at $0.45 per Share, Payable Oct. 6 to Holders of Record on Sept. 24
Sep 10, 2025
11:06 AM EDT, 09/10/2025 (MT Newswires) -- Price: 22.82, Change: -0.18, Percent Change: -0.80 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved