It would appear that Peloton’s turn around plan is not working so well. (Perhaps that’s ‘cos stationary bikes don’t turn around... Groan...) They just reported widening losses and slumping sales in its fiscal fourth quarter as the connected fitness equipment maker attempts to win back investors with cost cuts and strategic shifts. Shares declined more than 15% in premarket trading. Maybe they should get featured on TV shows that show users having heart attacks... Just a suggestion.
Get a real bike...