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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

€3.20
-3.250%
Peloton Interactive Inc. took a tumble today and lost -€0.108 (-3.250%).
Our community is currently high on Peloton Interactive Inc. with 10 Buy predictions and 3 Sell predictions.
Based on the current price of 3.2 € the target price of 7 € shows a potential of 118.99% for Peloton Interactive Inc. which would more than double the current price.
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