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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...

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Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at a newsroom in Times Square 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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