2 Reasons I Haven't Bought Peloton Interactive, and Don't Plan on Doing So
There's no denying Peloton Interactive (PTON +2.34%) is the premier, premium name in interactive fitness. It practically pioneered the industry, in fact, when it introduced its very first connected exercise equipment back in 2012. It's also arguably kept the business' bar high ever since, growing itself into the $1.6 billion outfit it is today that did $2.5 billion worth of business last fiscal year. It even swung back to a profit in the final quarter of that year (ending in June).Nevertheless, I still have ...