Peloton investors face a new reality as fitness company’s costs eat into profits

Peloton investors were in for a rude awakening on Thursday. Many expected to see the connected fitness equipment maker report slowing sales. Gyms have reopened, and outdoor runs and vacations beckoned during the summer months.

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www.cnbc.com/2021/08/29/peloton-investors-face-new-reality-as-bike-makers-costs-hurt-profits.html

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