2024: Peloton's stock down 42% due to subscriber retention and profitability issues, with a net loss of $512M on $2B revenue in 9 months.

Peloton stock, down 42% in 2024, struggles to be profitable amid subscriber retention and profitability issues. From all-time highs, the stock is 98% off, with a $512M net loss on $2B revenue in the last 9 months. The connected fitness company's future at the end of 2024 remains uncertain, but the current dip has some questioning if it's the right time to invest.

July 13, 2024
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