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Understanding Peloton's Financial Collapse

Investors are raising concerns about just how stable the at-home fitness maker is as its stock price tumbles. Peloton did well at the beginning of the COVID-19 pandemic, but with people returning to gyms and a growing number of competitors emerging, can the company regain its footing? New reports indicate production has halted on new bikes and treadmills due to lack of demand, and Peloton could be looking for more ways to trim costs, including cutting jobs.

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Understanding Peloton's Financial Collapse
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    Will Peloton Be Able to Emerge from the Pandemic Relatively Intact?

    Peloton to halt production of its Bikes, treadmills as demand wanes
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    Peloton to halt production of its Bikes, treadmills as demand wanes

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    CNBC - Lauren Thomas

    Peloton is temporarily halting production of its connected fitness products as consumer demand wanes and the company looks to control costs, …

    A Crowded Marketplace of Fitness Tech Companies

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