4 ms·
They have/had a pretty good business model and then completely mismanaged COVID. Now they're saddled with tons of debt from thinking the COVID trajectory was fo
by matwood 2y ago
They have/had a pretty good business model and then completely mismanaged COVID. Now they're saddled with tons of debt from thinking the COVID trajectory was forever, and it's crushing them.
https://www.cnbc.com/2024/07/02/peloton-staves-off-liquidity-crunch-in-global-refinance.html https://www.cnbc.com/2024/07/02/peloton-staves-off-liquidity...