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Axios
Axios
Business

UNCOVERED: Peloton is bracing to go it alone | History Defined

Peloton John Foley
Data: Yahoo Finance; Chart: Baidi Wang/Axios

Perhaps no company symbolizes the pandemic stock market more than Peloton, which will attempt a fresh start with a leadership change and significant workforce downsizing.

The big picture: Peloton has owned some strategic missteps and weathered a massive stock hit. Now it seems poised to tune out reports of activists and potential acquirers, and is settling in for the long haul as an independent company.

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