The at-home fitness industry has had its ups and downs as consumer spending patterns shift in the post-pandemic era - especially with consumers in 2024 finally starting to tighten their belts due to stubbornly high inflation.
Peloton Interactive (PTON), once a favorite as gyms shut down during COVID-19, is really feeling the pinch. Its stock price has nosedived, down 97% from its January 2021 highs, and another 33% so far this year.
