Peloton Shares Plunge After Revenue Outlook Misses Forecast

The transcript discusses a company's financial challenges, including a revenue forecast below expectations and price cuts on its products. It highlights production and supply chain issues, as well as material weaknesses in financial reporting. The discussion also covers consumer behavior, pricing strategies, and the impact of the pandemic on the company's performance. Key questions are raised about the company's oversight and future strategy.

Discuss the implications of Peloton's material weaknesses in internal controls.

What factors might affect Peloton's ability to attract new customers?