Advertisement
Canada markets open in 8 hours 20 minutes
  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CAD/USD

    0.7321
    +0.0000 (+0.00%)
     
  • CRUDE OIL

    83.44
    +0.08 (+0.10%)
     
  • Bitcoin CAD

    91,518.35
    +850.40 (+0.94%)
     
  • CMC Crypto 200

    1,443.63
    +28.87 (+2.04%)
     
  • GOLD FUTURES

    2,339.90
    -2.20 (-0.09%)
     
  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     
  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     
  • NASDAQ futures

    17,728.00
    +121.25 (+0.69%)
     
  • VOLATILITY

    15.69
    -1.25 (-7.38%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    38,407.90
    +855.74 (+2.28%)
     
  • CAD/EUR

    0.6834
    -0.0002 (-0.03%)
     

What the Market Is Missing About Peloton

What the Market Is Missing About Peloton

Fitness product company Peloton Interactive (NASDAQ: PTON) tends to elicit strong opinions among investors who either celebrate it as an innovative replacement for gym memberships or condemn it as another health fad like the Bowflex and Tae Bo from years past. For the naysayers, thinking of Peloton as the company that offers the "bike with an iPad strapped to it" is just not telling the whole story. At the same time, don't make the mistake of entirely dismissing the importance of Peloton's hardware.