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Can Peloton Pull Off This Daring Strategy?

·3 min read
Can Peloton Pull Off This Daring Strategy?
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For Peloton interactive (NASDAQ: PTON) investors who were riding high in 2020 and held on, 2021 has been a huge letdown. The stock took off after massive demand when gyms were closed, gaining around 400% in 2020. To be clear, Peloton still posted outstanding growth in the fourth quarter.