Why Peloton Spun Out: What Happened to the Bike and Treadmill Company | WSJ

Peloton has been on a wild ride, announcing its CEO was stepping down and thousands of jobs would be cut, despite seeing a surge in sales early in the pandemic. Here’s why Peloton became a viral success, and why it’s spinning out now. Photo illustration: Jacob Reynolds More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook:   / videos   On Twitter:   / wsj   On Snapchat: https://on.wsj.com/2ratjSM #Peloton #Pandemic #WSJ