Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Peloton said Tuesday it plans to sell an additional $1 billion of its Class A common shares, as the connected fitness equipment maker looks for ways to come up with cash amid slowing momentum for its products.

Source: CNBC.com – video report

Date: Nov 16, 2021

Link: https://www.cnbc.com/2021/11/16/peloton-files-to-sell-1-billion-in-stock-offering-shares-drop.html

Questions for discussion:

  • What explains the drop in stock value?
  • Why is the current effort to raise funds concerning to investors?
  • Is there a marketing solution?

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