Why Peloton Is Poised for Growth During and After the Pandemic
When the coronavirus pandemic led state and local governments to issue stay-at-home mandates earlier this year, gyms and other workout facilities were among those that had to shut their doors. But even though the businesses were classified as nonessential, the services they provide weren't. Peloton Interactive (NASDAQ: PTON) was fortunate enough to be in a position to serve those millions of individuals who no longer had a gym they could frequent.
Let's take a look at why the maker of connected fitness products is poised to experience increasing sales both during and after the pandemic.
Peloton is growing revenue fast. Image source: Getty images.
Source Fool.com
