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Shares of Peloton surge 9% as it edges toward profitability, posts better than expected sales

Thu Feb 6 , 2025
Peloton told investors Thursday it still has a “steep hill to climb” to achieve profitable growth under its new CEO and won’t be ready to focus on boosting sales until it fixes its balance sheet. The bike maker posted mixed fiscal second-quarter results, as it topped Wall Street’s sales estimates […]

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