August 28, 2019 Sophia Vida

Peloton Reveals Big Losses Ahead of Highly Anticipated IPO

Fitness company Peloton, known mostly for its cycles and treadmills that have screens allowing users to join live and recorded fitness classes, is about to debut in the market soon. Ahead of the company’s initial public offering, it has filed documents with securities regulators that have revealed widening losses. In the fiscal year ended June … Continue reading “Peloton Reveals Big Losses Ahead of Highly Anticipated IPO”