As Top Instructors Leave Peloton Behind, The Stock's Future Remains Uncertain
Peloton(PTON) The Motley Fool·2024-06-29 20:00
Losing top instructors may exacerbate the company's subscriber issues.It's been a difficult few years for Peloton Interactive (PTON -1.74%), to say the least. The company ended 2020 with a share price of nearly $152 and a reputation as one of the hottest stocks on the market. Today, shares hover around $3.50, down 98% from their all-time high, and Peloton serves as a case study for companies that fell victim to a pandemic hangover. Meanwhile, management's recovery efforts may have just gotten even more diff ...