Amazon, Nike, and Other Bidders Are Reportedly Circling Peloton

After enjoying a lockdown-fueled peak during the pandemic, Peloton is now spinning out of control. Product recalls, plummeting stock prices, a major decline in demand and its bike’s dangerous cameos in not one, but two primetime TV shows have wiped roughly $40 billion from its market value in the last year.

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Original source: https://gizmodo.com/amazon-nike-and-other-bidders-are-reportedly-circling-1848487758