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Should Peloton Stop Making Its Own Exercise Equipment?
PTONPeloton(PTON) fool.com·2024-05-22 14:08

This beleaguered tech-forward fitness company should be open to new ideas.Peloton (PTON 2.90%) continues to be a major source of pain for investors. The once flourishing company is having trouble boosting demand for its expensive products, while at the same time it sits in a precarious financial position. Shares currently trade at 98% below their all-time high.The company's previous CEO, Barry McCarthy, is out after just over two years at the helm. But he leaves Peloton in a different state than when he fou ...