Peleton reported a dismal quarterly financial report, with sales tumbling 15% from a year ago, and Peloton, pictured here, on April 6, 2020 in San Anselmo, California lost $757 million last quarter.
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Peloton is burning through cash and borrowing like crazy to stay afloat
Peloton's turnaround plan can't happen fast enough: The at-home fitness company continues to lose money — and it's quickly running out of cash.
