Peloton’s Ride to Greatness Is Now an Uphill Battle
February 13, 2022
Blackwells, which owns a collective 5% of Peloton, has been outspoken about its misgivings regarding Peloton’s management. Over the past year, Peloton has seen its share price erode roughly 76% amidst myriad issues ranging from the supply chain to pricing to safety.
The cumulative mishaps seemingly came to a head on Feb. 8, when Blackwells sent Peloton a 65-page dossier outlining the company’s gross mismanagement. Front Office Sports