2024-07-26 17:49:30 ET
Summary
- Peloton Interactive, Inc. is facing financial struggles that may lead to an in or out-of-court major restructuring.
- The company has negative cash flow from operations and even negative EBITDA.
- The future of Peloton remains uncertain as it navigates its downward financial cycle based on a business model that is not viable on a long-term basis.
Peloton Interactive, Inc. ( PTON ) is in serious trouble because it does not have a viable long-term business model, has too much debt, and has negative cash flow from operations. The company does not even have a CEO. Peloton is in a downward financial cycle and may end up crashing into a drastic restructuring, either in or out of court, that could result in significant dilution or even wiping out current PTON shareholders....
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Peloton Is In A Downward Financial Cycle And Could Crash