The Peloton slowdown is listed here, new financials present.
Why it matters: Several benefited from the at-house health phenomenon ushered in by the pandemic like Peloton.
- If (or when) the growth occasions taper off might be a crucial indicator of regardless of whether the colossal exercise session economic system underwent a lasting shift.
What is new: Peloton’s linked fitness subscribers — people today who have a bicycle and shell out a regular price for classes — jumped to 2.3 million.
- But look at out the chart over. For the initially time given that the