Pelotons New CEO Pours Cold Water on Sale Speculation. The Stock Drops. – Barrons

Peloton Interactive stock fell Monday after the exercise company’s new chief executive poured some cold water on speculation Peloton would pursue a sale.

The Financial Times also reported at least two new Peloton (ticker: PTON) workout machines are in development.

Barry McCarthy, the former Spotify (SPOT) and Netflix (NFLX) chief financial…

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