Reported 2 months ago
Peloton Interactive, once a thriving company during the pandemic, is now facing severe challenges as its sales and subscribers decline. The company has not posted a profit since early 2021, has taken on significant debt, and experiences leadership instability. With a shrinking customer base and ineffective turnaround strategies, investing in Peloton is deemed unwise, with more promising alternatives available in the market.
Source: YAHOO