Peloton’s strength offering can’t hold weight in a post-vaccine world
Ellie Moskova was doing Peloton’s cycling classes at the gym in her apartment building when she noticed the company added strength classes.
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Ellie Moskova was doing Peloton’s cycling classes at the gym in her apartment building when she noticed the company added strength classes.
Peloton faces continued shipping delays for its products causing long wait times and poor customer service, despite strong growth in the first quarter of this year.
As moats go, Peloton’s got a few: high-tech equipment refined over years, established supply chains and a native focus on virtual fitness.
Peloton is facing new competition from Equinox as the luxury fitness company expands nationally in a bid for the growing at-home, connected fitness market.
Investors in COVID-19 vaccine companies who sent stocks soaring in the early months of the pandemic have lost confidence in the prospects of a clear winner.
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