Peloton Rose 2% in Premarket Trading as Blackwells Capital Called on It to Fire CEO

Tiger Newspress2022-01-24

Peloton rose 2% in premarket trading as Blackwells Capital called on it to fire CEO.

Activist investor Blackwells Capital LLC wants the stationary-bike maker Peloton Interactive Inc (NASDAQ:PTON) to fire its CEO John Foley and explore a sale, The Wall Street Journal reported Sunday, citing sources.

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