In this episode, Scott Becker shares a rare moment—his household’s Peloton actually getting used on the same day Peloton’s stock saw a 3.5% jump.
Chapter 1: What unusual event happened with the Peloton today?
This is Scott Becker with the Becker Private Equity and Business Podcast. Today we're going to talk about Peloton Rises today. So this morning was one of these incredibly unusual days where I slept in and early on in the morning I heard the household's Peloton being used. It feels like Peloton's that subscription that we pay 40 bucks a month for and never ever gets used.
Chapter 2: Why was the Peloton stock significant on this day?
This morning, I woke up, and two things happened. One, the Peloton was in use, and it seems like forever since that's been the case, I thought somebody must have had a temperature or something was wrong. And two, the Peloton stock was up 3.5% today. And again, you're probably listening to this on Saturday. This is coming out on Friday. But those two things have not happened in a long time.
The Peloton being used in our house. the peloton jumping uh it's almost like a daily double like a parlay uh now peloton still is down about 22 year to date you got to remember peloton a couple years ago just absolutely got crushed it's up 40 54 over the last year or so and about you know, down 22% this year. But we'll see how it plays through.
But I know today's got to be some sort of lucky letter day or special day. It's up 3.5%, 3.6%, and it got used in our household. So kudos to Peloton and what they're doing. It's become relevant again, at least in our house. Thank you for listening to the Becker Private Equity and Business Podcast.