StructrPro: Peloton comes to a halt

Back in 2020, at the height of the Covid pandemic, Peloton’s interactive exercise bikes became the ‘to go to’ vehicle to stay fit during lock-down. The company’s share reached an all-time high of US$162.72 end-December 2020, and Peloton became a popular underlying for structured products, especially in the US market, where issuance peaked in 2021. However, ever since lock-down restrictions loosened, the share has found itself in somewhat of a downward spiral, closing at