After sprinting through pandemic, Peloton hits the wall
SILVER SPRING, Md. (AP) — Peloton suffered its worst day as a publicly traded company...
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SILVER SPRING, Md. (AP) — Peloton suffered its worst day as a publicly traded company...
The company said that it will likely lose more money than it had expected in fiscal year 2022. Peloton has thrived during the pandemic, driven by people who set up places to work out at home.
With gyms reopening after pandemic closures, Wall Street fears the race may be over for once-hot home-cycling business.
SILVER SPRING, Md. (AP) — Peloton suffered its worst day as a publicly traded company...
Sky-high sales of its high-end bikes and treadmills have stalled since the rollout of Covid-19 vaccines.