The New CEO Is Out. Is This the End for Peloton?

If you didn't think things could any worse for Peloton Interactive (NASDAQ: PTON), they just did. It provided a bombshell update on Thursday for investors, with the prime detail that CEO Barry McCarthy, who's been at the helm for just over two years, was leaving the company.

Just around the time McCarthy took over, there were rumors about it being a possible acquisition target from Amazon and others. With McCarthy out, is that the next step? Let's see what's happening at Peloton.

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Source Fool.com