Why Peloton Shares Are Tumbling

Peloton is facing significant financial challenges, reporting a $1 billion loss and a bleak outlook. Despite a new partnership with Amazon to expand sales, the company's stock has plummeted. The shift in consumer behavior post-pandemic has impacted Peloton, once a pandemic favorite. The company struggles with stagnant subscriber growth, similar to other tech-adjacent firms like DoorDash and Airbnb. Peloton's future depends on adapting to these market changes and reviving its growth strategy.

What was the financial outcome for Peloton in its latest earnings report?

• A loss of about $1 billion

• A break-even result

• A profit of $500 million

• A profit of $1 billion

What strategy is Peloton using to broaden its sales channels?

• Partnering with Walmart

• Launching a new product line

• Opening more physical stores

• Collaborating with Amazon

How much has Peloton's stock decreased this year?

• 50%

• 70%

• 30%

• 90%

What is a significant challenge for Peloton's subscriber growth?

• Increasing competition from new startups

• People returning to gyms and in-person classes

• High subscription costs

• Lack of new product features

What was the percentage increase in Peloton's fitness subscribers from a year earlier?

• 15%

• 27%

• 35%

• 50%