Peloton Treadmills Are Back, but Has the Stock Lost Its Step?
Peloton Interactive (NASDAQ: PTON) continues to stumble after recalling all of its high-end connected treadmills in May following the death of a child and numerous injuries.
Although it will reintroduce the treadmills at the end of this month, the damage to its reputation, the lost opportunities, and the end of the pandemic boom may be too much for Peloton to regain its footing and resume its previous growth trajectory.
Image source: Peloton Interactive.
Source Fool.com