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Should Peloton Stop Making Its Own Exercise Equipment?


(NASDAQ: PTON) 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 found it, now with a greater focus on its subscription segment. Perhaps bigger changes are in order.

Should this struggling fitness enterprise forget where it came from and stop making its own exercise equipment?

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Source Fool.com

Peloton Interactive Inc. Stock

€3.17
-4.490%
Heavy losses for Peloton Interactive Inc. today as the stock fell by -€0.149 (-4.490%).
Currently there is a rather positive sentiment for Peloton Interactive Inc. with 10 Buy predictions and 3 Sell predictions.
With a target price of 7 € there is potential for a 120.89% increase which would mean more than doubling the current price of 3.17 € for Peloton Interactive Inc..
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