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It's not a good sign when a company has to stop producing its product due to low demand
They need to expand by buying Orangetheory fitness
So many reports and people talking about the demise of peloton. I just sit back and laugh.
They fooled me once before. Just clear your mind and analyze the company. Is the product best in industry? Does it have a very low subscription churn rate? Do they have brand power? Are they still growing domestic and abroad? Do people now more than ever care about their health?
I’m holding 450 PTON stocks, $46 average. I’m hoping it will bounce back. Now, it is about the pre pandemic levels. Many more subscribers it has. Brand value and brand equity. It should go up from these levels, after the dust has settled.