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Peloton Is Deflating Fast and Heading for A Crash

The once-heralded company is skidding off the track as the world returns to normal

Photo: GettyImages

Peloton was a pandemic winner. When the population was forced inside, those not content with walking around the block on loop turned to home workouts, and the company hit big. Sales surged over 250%, and in January 2021, the stock price hit an…

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