Peloton Says It Will Stop Losing Money Next Year. The Stock Market Has Its Doubts.

Peloton Interactive lost less money and improved its free cash flow in the latest quarter, but the company’s outlook suggests it still has a long way to go to get back in good graces with investors.

It has been a wild ride for the exercise company. Peloton (ticker: PTON) saw a boost in sales during the pandemic when Americans who were stuck at home ordered treadmills and bikes in droves. Shares surged 432% in 2020. But as the pandemic receded, so did Peloton’s financial fitness. Peloton posted wider-than-expected losses last year, citing pressure from gyms reopening. 

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