Peloton (PTON) Stock Struggles With Return To Gyms, Partners With Dicks Sporting Goods

Published: Sept. 29, 2022, 9:14 p.m.

b'Peloton (PTON) shares have fallen to an all-time low. Jim Corridore of Similarweb discusses PTON as it announced a deal with Dick\\u2019s Sporting Goods to sell PTON\\u2019s equipment in Dick\\u2019s stores. He talks about how things are tough for the company in the macro environment. He notes that PTON is turning over every stone to increase subscribers and equipment sales after a disappointing 4Q. He then goes over how PTON is also struggling with consumers returning to gyms and moving away from in-home equipment. Tune in to find out more about the stock market today.'