by Alexandra White | Nov 13, 2021
By: Alexandra White Peloton thought virtual workouts were the next big thing for fitness consumers, but a dismal first-quarter earnings report revealed that it may have miscalculated that assumption. Shares of Peloton fell 35% the day after it reported earnings for...
by Alexandra White | Oct 9, 2021
Peloton announced to CNBC on September 20th that it launched a business-to-business platform for the hospitality industry to purchase both Precor and Peloton fitness equipment online. Peloton purchased Precor, a commercial fitness equipment company, for $420 million...
by Jill Shah | Nov 6, 2020
As moats go, Peloton’s got a few: high-tech equipment refined over years, established supply chains and a native focus on virtual fitness. All of these were in place prior to the current pandemic-fueled explosion of connected fitness and at-home workouts....
by Holly Deaton | Sep 20, 2020
During coronavirus, many fitness companies’ stocks have skyrocketed as investors bet on companies that could potentially profit during the pandemic and consumers sought out different ways to stay healthy. Peloton, seen by many investors as the star of the coronavirus...