Skip to content

Canada's Business and Tech Newsroom

  • Professional Subscription
  • Partnerships & Advertising
  • Licensing & Syndication
Log In Subscribe
Welcome,
  • My Account
  • Log Out
  • Business
  • Tech
  • National
  • The Big Read
  • Briefings
  • Commentary
Search
Log In Subscribe
Welcome,
  • My Account
  • Log Out
Briefing

Spoiler alert: Peloton shares drop amid ‘Sex and the City’ character biking death

The home-exercise company’s bicycle was featured in a critical plot point in the first episode, where a main character dies while riding one. Shares of the company are down 73 per cent this year, and fell more than five per cent at the close Friday. (CNBC)

Briefing

Spoiler alert: Peloton shares drop amid ‘Sex and the City’ character biking death

By Lu Xu
Dec 10, 2021
A A
A Small A Medium A Large
Share

Share

The home-exercise company’s bicycle was featured in a critical plot point in the first episode, where a main character dies while riding one. Shares of the company are down 73 per cent this year, and fell more than five per cent at the close Friday. (CNBC)

Talking point: In a response to the Los Angeles Times, Dr. Suzanne Steinbaum, a preventative cardiologist and member of Peloton’s health and wellness advisory council, blamed the death on the character’s “extravagant lifestyle” and confirmed that the company knew of the use of the bike in the show. The company saw growth during the pandemic as people bought more home-fitness equipment amid gym closures. However, sales have slowed down as lockdowns started to lift. The company reduced the price of its original bikes by hundreds of dollars. In May, it announced a voluntary recall of its treadmills, after reports of one death and dozens of injuries. In addition, a Credit Suisse analyst downgraded shares of the bike manufacturer and slashed the price target by more than a half, from US$112 to US$50.

Sponsored Content

The real-world economic offshoots of sovereign AI

By Deborah Aarts
Illustration of a plane flying above a mailbox

Increasing healthcare access across Canada

By Deborah Aarts

What it takes to lead a frontier firm

By Deborah Aarts
Paid promotional content

Loading...

Thanks for sharing!

You have shared 5 articles this month and reached the maximum amount of shares available.

Close
This account has reached its share limit.

If you would like to purchase a sharing license please contact The Logic support at [email protected].

Close
Want to share this article?

Upgrade to all-access now

Close
Gift the full article!

You have gifted 0 article(s) this month and have 5 remaining.

Copy link and gift
Copy Link
Email to a friend
Send Email
Gift on Social Media

Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.

Most Popular This Week

An image of a man wearing a white collared shirt. He is standing against a brown background with the word HOOPP written on it. He is slightly smiling and looking directly at the camera.
Exclusive

What the Maple 8’s first chief AI officer is up to

By Murad Hemmadi
A shot of Mark Carney standing in a dark suit in front of a large, red excavator on a construction site. Carney is looking behind him, off-camera.
News

Canada needs an investment ‘hub’ as Carney steps up push for foreign money, says federal agency

By David Reevely
Construction workers walk across a deck as a crane lifts a large bundle of steel rebar into place at a construction site.
The Big Read

Inside Bell’s all-Canadian plan to power the country’s AI future

By Murad Hemmadi
Melbourne city center skyline with views towards the Evan Walker pedestrian bridge flanked by Eureka Tower and far left Crown Casino on Melbourne Southbank.
News

Australia’s pension giant has $10B ready to invest in Canada. It wants something from Ottawa first

By Catherine McIntyre

In-depth, agenda-setting reporting

Great journalism delivered straight to your inbox.

Commentary

Carmichael: Canada’s culture of risk aversion has created an economic doom loop

By Kevin Carmichael

Briefing

TC Energy says North American natural gas demand is growing much faster than previously expected

By Meghan Potkins   |   Jul 30, 2026

Mississauga imposes data centre pause, as Toronto councillors scrutinize local projects

By Murad Hemmadi   |   Jul 30, 2026

A third of Canadian workers are using generative AI, but not for everything

By Murad Hemmadi   |   Jul 30, 2026

Best business newsletter in Canada

Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

Exclusive events

See the bigger picture with reporters and industry experts in subscriber-exclusive events.

Membership in The Logic Council

Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

Recent Popular Stories

The Big Read

Inside Bell’s all-Canadian plan to power the country’s AI future

By Murad Hemmadi   |   Jul 22, 2026
Construction workers walk across a deck as a crane lifts a large bundle of steel rebar into place at a construction site.
News

Canada needs an investment ‘hub’ as Carney steps up push for foreign money, says federal agency

By David Reevely   |   Jul 23, 2026
A shot of Mark Carney standing in a dark suit in front of a large, red excavator on a construction site. Carney is looking behind him, off-camera.
Exclusive

What the Maple 8’s first chief AI officer is up to

By Murad Hemmadi   |   Jul 28, 2026
An image of a man wearing a white collared shirt. He is standing against a brown background with the word HOOPP written on it. He is slightly smiling and looking directly at the camera.
News

Canada’s cyberspy agency exempts itself from Buy Canadian rules

By David Reevely   |   Jul 27, 2026
A shot of the sign outside Communications Security Establishment headquarters in Ottawa.
News

AI is helping bring Indigenous languages back from the brink

By Jonathan Feakins   |   Jul 24, 2026
A photo illustration featuring an archival photo taken in 1914 of a young Kwakiutl woman. Around her are shadowy images of totems and carved figures from her community on B.C.'s central coast. Super-imposed on the photos are words in Kwak'wala, the language of the Kwakiutl.
Commentary

Carmichael: The hard work of breaking down internal trade barriers is starting to pay off

By Kevin Carmichael   |   Jul 25, 2026

Canada's most influential executives and policymakers are reading The Logic

  • CPP Investments
  • Sun Life Financial
  • C100
  • Amazon
  • Telus
  • Mastercard
  • bdc
  • Shopify
  • Rogers
  • RBC
  • General Motors
  • MaRS
  • Government of Canada
  • Uber
  • Loblaw Companies Limited
logic-logo

Canada's Business and Tech Newsroom

100% human-crafted journalism

Newsroom

  • News Tips
  • AI Policy
  • Editorial Disclosures
  • Story Pitches

Company

  • About Us
  • Terms of Service
  • Privacy Statement
  • Corporate Information

Contact

  • Contact Us
  • Advertise
  • FAQs
  • Work at The Logic

© 2026 The Logic Inc. All Rights Reserved.

Trusted by leaders

Error

Account creation failed.

Please email us at [email protected].

Create Account

[wppb-register form_name=”cozmo-registration-form-for-modal”]

I do have an account
Login
or

[wppb-login]

I don’t have an account