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Peloton must prepare to battle with gyms and studios as competition heats up in the fitness industry

Peloton must prepare to battle with gyms and studios as competition heats up in the fitness industry

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...
Peloton turns to the hospitality industry to boost sales and find new subscribers as investors grow wary of the company’s post-pandemic future

Peloton turns to the hospitality industry to boost sales and find new subscribers as investors grow wary of the company’s post-pandemic future

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...
Fitness companies are beating the stock market as investors and consumers turn to sporting and fitness brands

Fitness companies are beating the stock market as investors and consumers turn to sporting and fitness brands

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...

Investment Journal

Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.
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