Loop Capital says selling Peloton now would be like dumping Apple when it cut the price of the iPod
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.
Adam Glanzman | Bloomberg | Getty Images
A major change in price point for Peloton‘s highest-profile product is not a cause for concern for investors, according to Loop Capital Markets.