June 15, 2023

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Peloton stock slips as M Science flags worsening gross add headwinds

Peloton Interactive (NASDAQ:PTON) slid sharply after the publication of a new report highlighting headwinds facing the fitness company. Fitness as a service churn appears to have accelerated, according to M Science. Peloton (PTON) shares slipped 8.62% during Thursday’s trading. The stock had rallied about 40% in the month leading up to Thursday’s drop, bouncing from…

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