It was the lockdown humblebrag of the hip and wealthy, popularised by trendy users like Rishi Sunak but with the news that Peloton is cutting 400 jobs, has the gimmick officially run out of road?
Peloton has been working on a significant rebranding since last year, shifting its identity as a seller of luxury exercise bikes and equipment to health technology for all
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Over the past years, Peloton's share price has declined significantly. Here's how much a $1,000 investment made in 2019, 2021 and 2023 would be worth now.