At-Home Fitness Stocks Might Workout for Investors
July 14, 2020
Investors have turned their backs on gyms in favor of Peloton and Nautilus.
George Kelley, a four and a half star analyst at Roth Capital said of the new landscape, “There are 70mn gym subscribers in the U.S. and we estimate that boutique fitness was >$10bn pre-COVID. Many equipment providers can thrive as consumers opt out of traditional gym memberships.”
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