/ 13 December 2021

Peleton stocks slump after guest star appearance

Image source: Peleton
Image source: Peleton

Massive spoiler alert, so scroll past quickly if you don’t want to know where things are at with Carrie, Charlotte and Miranda… So, the first 2 episodes of And Just Like That (aka the Sex and the City follow-on) have dropped sans Samantha. And the reboot has an unexpected plot twist at the end of the first episode with a key character’s death from a heart attack after a 45-minute ride on a fancy Peloton exercise bike. Sure, the show is fiction, but it’s had a very real world impact on the company, sending its share price down by 11% since the show aired late last week. Peloton has gone into damage control, saying while it knew the bike was going to feature in the series, it wasn’t aware of the specifics. It’s now issued a statement through a cardiologist stating the character would have actually delayed a fatal heart attack by riding its bike as regularly as they did. It’s already been a tough year for the company which expanded to Oz this year – its share price is down 75% as the world emerges from the pandemic.

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