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Peloton’s share price soars create a feeling of the land of privilege

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At its January peak, Peloton achieved a market value of $49 billion, much of which was built on the premise that it would continue to rock the home fitness industry with products. creative products. But beyond top-of-the-line stationary bikes and live spin classes, Peloton’s innovation accounts for very little. For example, it introduced two treadmills, bringing back what appears to be an outdated cardiovascular device; one was fatal for kids who might have been sucked in underneath, while the other had sometimes lost its touchscreen (that one went on sale back in August). Last week, they introduced the Peloton Guide, a $495 set-top box that uses a camera and artificial intelligence to guide users through endurance workouts. Tutorials are unlikely to have a large market.

https://www.washingtonpost.com/business/pelotons-stock-price-surge-makes-sense-in-deal-land/2021/11/16/2cd79d22-4725-11ec-beca-3cc7103bd814_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Peloton’s share price soars create a feeling of the land of privilege

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