Peloton Soars To A New High Amid This Move To Get Fit

Peloton Soars To A New High Amid This Move To Get Fit · Investor's Business Daily

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Peloton raised profit guidance for the full year after beating revenue estimates for its fiscal first quarter. The bike, treadmill and rowing machine maker also said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+, to be its next CEO. Stern takes the reins at Peloton on Jan. 1.