What do you think of $PTON+0.9% stock , which had its biggest boom in the Covid days. The company has quite a bit of debt.
Open $4.79
Day range $4.60 - $4.88
52 week range $2.70 - $7.24
Peloton is an American exercise company and media company based in New York. They mainly sell treadmills, treadmills and other equipment for gyms and athletes.
Do you see any hope for this company? To me, it just looks like a company that's keeping itself from going bust.
Do you know of any other companies that specialize in gym equipment, athlete supplements, or run entire fitness centers?
I didn't know this company, but I guess that's a good thing. The company's really close to bankruptcy, and the debt is really big.
A bet on spin and profitability. I don't know anything about the company, but that alone would put it off the table... The debt you mention, too.
Big debt, they operate in a highly competitive environment in my opinion and their prices are probably not entirely friendly from what I've seen.