Is Peloton Interactive Ready to Grow Even More?
Peloton Interactive (NASDAQ: PTON) has enjoyed surging demand as the coronavirus pandemic has prompted a boom for in-home exercise equipment. Impressive sales momentum and a business model that looks perfectly situated for the era of social distancing have translated into stellar stock performance. The company also announced the Peloton Bike+, which costs $2,495 and includes a larger screen, improved speakers, and resistance levels that adapt automatically to workout programs.
