Sex And The City Plot Seemingly Drops Peloton’s Shares By 11%

Peloton should be more careful with their products. It’s necessary as it allowed them to use his products in the movie. In And Just Like That movie, the main character Big was killed on the bike. Due to this reason Peloton faced a downfall in his stocks.

There are going to be some spoilers ahead, so please don’t read it if you haven’t seen it yet. According to DailyMail.com‘s exclusive report, it was revealed in August that at the end of the premiere of ‘And Just Like That’ that Mr. Big collapsed and died of a heart attack shortly after a 45-minute session on one of the exercise bikes. 

Peloton claimed that it allowed its bike on the show on one condition. He said that one of its instructors Jess King will play the role of an instructor. It all looked authentic. Yet the company claims it had no clue about the plotline.

A spokesperson said, “HBO procured the Peloton Bike on their own. Peloton was aware that a bike would be used in the episode and that Jess King would be portraying a fictional Peloton instructor.”

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For the three months ended September 30, Peloton reported a net loss of $376 million, or $1.25 per share, compared with net income of $69.3 million, or earnings of 20 cents a share, a year earlier. Analysts expected Peloton would see a loss of $1.07 per share, CNBC reported. 

Last month, Peloton shares plunged 24% after the company reported a net loss of $376 million in its third quarter, as the company struggled to recover from a voluntary treadmill recall sparked by an infant’s death and 29 other injuries.