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Can This Move Help Peloton Stock Paddle Out of Turbulent Waters?

Can This Move Help Peloton Stock Paddle Out of Turbulent Waters?

On Sept. 20, connected-fitness company Peloton Interactive (NASDAQ: PTON) announced a new product: a rowing machine simply called Peloton Row. The decision to bring it to market now seems to run completely contrary to the priorities Peloton's new management has been harping on in recent months. Peloton Row is a connected-exercise device for rowing.