Peloton to Cut Costs by Changing Manufacturing Plans; Shares Rally

2022-07-24 07:16:19 By : Mr. Mark Li

Peloton is changing the way it gets the products it looks to sell. However, this is an idea the company should have thought of a long time ago. Although there’s always the chance that PTON stock can recover to last year’s levels, the odds look very slim, as demand has dropped off significantly.