Peloton investors face a new reality as fitness company’s costs eat into profits

Peloton investors were in for a rude awakening on Thursday. Many expected to see the connected fitness equipment maker report slowing sales. Gyms have reopened, and outdoor runs and vacations beckoned during the summer months.

Read full article here:

www.cnbc.com/2021/08/29/peloton-investors-face-new-reality-as-bike-makers-costs-hurt-profits.html

You might also like
Menu