PTON keeps slipping lower, and it’ll likely keep grinding toward the single digits next year.
Surprise level: ZERO. Americans are simply not going to pay $80 per month to ride a stationary bicycle in their homes forever. They want cheeseburgers. Not avoidable labor. Even with this ridiculous Santa Claus Rally, PTON keeps slipping lower, and I suspect it’ll keep grinding toward the single digits next year.
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