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

Posted: Mon May 20, 2024 8:41 pm
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