【Triple Play episode 5 season 1 - Joe and Mandi】
The Triple Play episode 5 season 1 - Joe and Mandigold rush days of the pandemic seem to be over for Peloton.
There are few companies more associated with COVID than the fitness upstart. Peloton became the it fitness item to have during the virus's surge as folks began working from home and gyms closed. And it made sense: The company's bikes and treadmills provide a great workout at home alone, while still trying to capture the energy of a live class.
At the height of the pandemic, wait times for Pelotons were bonkers and customers developed adoring parasocial relationships with instructors.
You May Also Like
But Peloton has reportedly stopped making basically all of its major products amid fading demand. CNBC reported this week, citing internal Peloton documents, that the company planned to halt production of its Bike product from February through March. Add it to the list. Peloton has already stopped producing its new, more expensive Bike+ through June. It's halting production of its Tread for six weeks, starting next month, and likely won't make any Tread+ machines through the end of the year, CNBC reported.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
Peloton denied CNBC's reporting that it had stopped production of its fitness machines as the company's stock plummeted nearly 24 percent on Thursday. But the company's CEO also didn't rule out layoffs as the Peloton's woes continued.
Also working against the company is its cheapest bike costs some $1,500, and that's not including the $39 per month membership that gives you access to its classes.
For better or worse, people seemed to have used Peloton as barometer of the pandemic despite it just being a fitness company. As views on COVID have shifted — the vaccines rolled out and people have grown tired of being cooped up — Peloton's shares have plunged more than 80 percent in the last year.
Perhaps like everyone and everything else, Peloton will settle into something resembling normalcy. Sure, it might not be the future of fitness or whatever — nothing is ever the future of anything for very long. But prior to the pandemic it was a beloved, relatively niche product. Sure, the spike in growth might be over for now, but perhaps in the future it could remain a beloved product, with a much wider audience.
Search
Categories
Latest Posts
Sweet, Sweet Existentialism
2025-06-26 01:49These baskets are perfect for people who want to shop in solitude
2025-06-26 01:32Earth skyrocketed to a new, grim climate change landmark
2025-06-26 00:53Cradle to Grave
2025-06-26 00:14Popular Posts
Tory Porn
2025-06-26 02:22The Jonas Brothers doc 'Chasing Happiness' made me a fan: Review
2025-06-26 02:08Shaq gets really emotional about Beyoncé, too
2025-06-26 01:05Finger-Lickin’ Lulz
2025-06-26 00:00Featured Posts
Repair Work
2025-06-26 02:04China is 'extremely concerned' with Trump's latest remarks
2025-06-26 00:48Jyroball is an electric ball you can ride to work
2025-06-26 00:46China is 'extremely concerned' with Trump's latest remarks
2025-06-26 00:30Our Lady of Complicity
2025-06-26 00:24Popular Articles
Flint, A Complete City
2025-06-26 02:22Patty Jenkins unveils new 'Wonder Woman 1984' poster
2025-06-26 01:49Big tech surveillance could damage democracy
2025-06-26 00:35White Knight Syndrome
2025-06-26 00:11Newsletter
Subscribe to our newsletter for the latest updates.
Comments (1273)
Ignition Information Network
What a great week to be a woman in media!!
2025-06-26 02:34Acceleration Information Network
4 'Destiny 2' announcements that are way more exciting than Shadowkeep
2025-06-26 01:47Heat Information Network
Secrets of Disney World performers revealed in longtime Goofy's AMA
2025-06-26 01:38Unimpeded Information Network
In iOS 13, Apple will save your iPhone's battery life in a clever new way
2025-06-26 00:55Exploration Information Network
Foul Shot
2025-06-26 00:25