People are breaking up with their Pelotons
CNN
The first sign that the Peloton pandemic bubble burst came last month, when the company revealed sales of its Peloton (PTON) stationary bikes and treadmills fell 17% in its most recent quarter. Those two machines are the company's bread and butter, making up 60% of its business.
On Friday, Peloton shares dropped 5% to hit a new 52-week low after Credit Suisse slashed its price target on the stock by more than half.
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They were the worst 125 days of his life: locked up in a foreign prison, never knowing when or even if he would ever get out.