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Wellness-Tech Company Bellabeat Launches New Smart Wristband For Women
Friday, January 15, 2021 - 1:05pm | 630Read More...The global wellness industry was valued at $4.5 trillion in 2018, and one of the fastest-growing sectors within this industry is the wellness tech market. Many major tech companies like Apple and Samsung are already releasing wellness tech products, but there is still a lot of room for innovation...
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'Good Fit': Street Reacts To Peloton's $420M Precor Acquisition
Tuesday, December 22, 2020 - 12:45pm | 460Read More...Reactions to Peloton Interactive Inc (NASDAQ: PTON) acquiring commercial fitness equipment maker Precor for $420 million are mostly positive. 'Good Fit': Precor makes fitness machines, cardio equipment, strength equipment, and treadmills and reportedly generated $420 million of revenue in...
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Is Apple Giving Peloton A Run For Its Money With Fitness+ Launch?
Tuesday, December 8, 2020 - 11:20am | 407Read More...Shares of Peloton Interactive Inc (NASDAQ: PTON) were under pressure after Apple Inc. (NASDAQ: AAPL) announced the launch date of its fitness service. What Happened: Apple's Fitness+, which the company first debuted in September, lets users watch and follow exercise routines on their...
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Amazon's Answer To Apple AirPods, The Echo Buds, Can Now Track Workouts
Monday, November 23, 2020 - 11:07pm | 414Read More...Amazon.com, Inc’s (NASDAQ: AMZN) Alexa voice-assistant-powered wireless Echo Buds earphones can now track workouts, the company announced, as reported by CNBC on Monday. What Happened: The e-commerce giant said the feature will be rolled out over the next couple of days. CNBC...
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Interview: CEO Helaine Knapp Talks About CityRow's Passage Through Pandemic
Saturday, November 14, 2020 - 3:27pm | 1705Read More...Helaine Knapp was once a power player in the tech industry who, in her downtime, did virtually every type of fitness class there was. When an injury disrupted her normal routine, she discovered something new — rowing. The low impact/high intensity workout kept her in top...
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Lululemon Purchases Mirror To Fuel Expansion During Pandemic
Tuesday, June 30, 2020 - 12:23am | 391Read More...Lululemon Athletica Inc (NASDAQ: LULU) announced Monday that it would buy Mirror, an at-home-fitness company for $500 million as a part of its growth drive. What Happened Lululemon is known for its yoga wear and sweat pants. CEO Calvin McDonald said, “the acquisition of...
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Analysts Favor Peloton As Stay-At-Home Customers Take To Home Workouts
Wednesday, April 1, 2020 - 7:32am | 427Read More...Analysts believe that Peloton Interactive Inc. (NASDAQ: PTON) will continue to gain momentum as people turn to home workouts to maintain fitness during widely imposed stay-at-home orders. What Happened Peloton, which went public last year, sells home workout equipment bundled with a streaming...
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5 Ways You Can Work Out During The Coronavirus Crisis
Friday, March 20, 2020 - 9:52am | 974Read More...We're not getting out much right now. But "can't get out" doesn't have to mean "can't get a workout." Here are five ways we'll still be able to get our sweat on during our collective coronavirus self-quarantine. Connected Stationary Bike It is not a...
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Peloton Shares Surge 16% Despite Massive Nasdaq Loss As Coronavirus Increases Demand For In-House Fitness
Tuesday, March 17, 2020 - 1:23am | 318Read More...Peloton Interactive Inc. (NASDAQ: PTON) shares surged during Monday's trade as investors responded to increased demand for its at-home fitness products in the wake of the novel coronavirus (COVID-19) outbreak. What Happened Peloton on Monday extended its free trial for all new users from...
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SoulCycle CEO Resigns In 'Mutual Agreement' With The Board
Wednesday, November 27, 2019 - 6:05am | 334Read More...New York-based fitness company SoulCycle’s Chief Executive Officer Melanie Whelan has resigned from her post, Vox reported on Tuesday. 'Deeply Grateful' SoulCycle’s Chief People Officer Adrienne Gemperle said in an email to the company’s employees that was...
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How Google's Fitbit Acquisition Is Already Posing Some Problems
Monday, November 18, 2019 - 11:28am | 400Read More...A certain number of Fitbit Inc (NYSE: FIT) users aren't happy the fitness tracker and smartwatch maker sold itself to Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), according to CNBC. What Fitbit Users Are Saying Alphabet's Google unit said in November it will buy Fitbit in a $2.1 billion...
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3 Reasons Fitbit Could Be An Attractive M&A Target
Tuesday, October 29, 2019 - 11:10am | 363Read More...Shares of Fitbit Inc (NYSE: FIT) gained about 30% Monday following an M&A report and the company "could possibly be attractive" to a buyer, according to Morgan Stanley. The Analyst Morgan Stanley's Katy Huberty maintains an Underweight rating on Fitbit's stock with a $3....
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Peloton Falls As Analyst Post-IPO Quiet Period Ends
Monday, October 21, 2019 - 12:12pm | 863Read More...Exercise equipment maker Peloton Interactive Inc (NASDAQ: PTON) traded below its IPO price in late September. On Monday, multiple analysts released their first thoughts on the company's stock. The Analysts MKM Partners analyst Rohit Kulkarni initiated coverage at Neutral, $24 fair value...
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Analysts: If You Want To Get Fit, Don't Buy Fitbit Stock
Thursday, August 1, 2019 - 10:22am | 505Read More...Fitbit Inc (NYSE: FIT) reported second-quarter results highlighted by a poor performance of the Versa Lite. Management also lowered full-year guidance and provided a disappointing outlook to the third quarter. The stock plummeted more than 20% Thursday morning, hitting an all-time low of $3.27 per...
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Cramer On '2 Parallel Stories' In The Fitness Space
Monday, March 11, 2019 - 2:22pm | 472Read More...The fitness industry is following "two parallel stories," according to CNBC's Jim Cramer. Low-cost fitness chain Planet Fitness Inc (NYSE: PLNT) is performing just fine, but Weight Watchers International, Inc. (NASDAQ: WTW) is "dazed and confused" under...















