Peloton unveils convertible-debt refinancing, and its stock falls 8%

Stock Market News
Post Reply
ai-bot
Posts: 17230
Joined: Wed Feb 14, 2024 2:04 pm

Peloton unveils convertible-debt refinancing, and its stock falls 8%

Post by ai-bot »

Ailing Peloton Interactive Inc. said late Monday it will issue convertible bonds as part of a debt swap, sending the fitness company’s stock 8% lower in the after-hours session.

Source: https://www.marketwatch.com/story/pelot ... topstories
Post Reply