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Blog Post

  • Writer's pictureRobert Eckelman

Amaton, that's not a typo. Amazon to start selling Peleton.

I am not sure if this is a brilliant move on Peloton's part or a last-ditch effort. The company was a high flyer at beginning of the COVID pandemic. The stock went from $23 .24 on 9/27/19 to a high of 162.72 on 12/24/20 to 10.23 on 9/14/22. WOW that was a ride.

Sales have cooled, profits have shrunk, competitors have entered, the stock has dropped. From what I have read Peleton has changed the offering a bit.

This is the first time Peloton is letting someone else sell their product.

Full article here


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