I feel like the Peleton hype train slowed down after the Pandemic; everyone in their target market already bought one, so other than monthly subscription services they have no new growth.<p>Also the deadly treadmill recall didn't help things.
<a href="https://www.cpsc.gov/Newsroom/News-Releases/2023/Peloton-Extends-Full-Refund-for-Consumers-with-the-Recalled-Tread-Treadmill-to-November-6-2023" rel="nofollow">https://www.cpsc.gov/Newsroom/News-Releases/2023/Peloton-Ext...</a>