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Diet, Nutrition & Weight Loss
Reply to "Peloton Out of Business?"
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[quote=Anonymous][quote=Anonymous]Isn't this just a market correction, though? Stock went through the roof during the pandemic but now that we're on the other side of it, the stock seems to have gone back to where it was pre-COVID. Production was halted because their inventory is high. Not as many people are purchasing the equipment now that gyms are opening back up, which makes sense. Maybe they overestimated equipment sales last year but it seems obvious that at some point, sales were going to slow. [/quote] Yes but the peloton haters gotta hate.[/quote]
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