Peloton Reports Earnings and Disappoints (PTON) or Harry Crumb Rides a Bike

Peleton is/was the ultimate lockdown stock. Peleton brought their stationary entertainment bike to market at just the right time. People were reluctant to leave their homes, had spare time because they were not commuting to work or not working at all. The government passed out so much cash that people felt ok about spending over $2,000 for a stationary bike along with a host of electronic extras.

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