Peloton (PTON 4.29%) was known as a premium home fitness brand when it burst onto the market. But a lot has changed since then as the company puts less emphasis on equipment and moves to become the fitness company for anytime, anywhere. In this video, Travis Hoium covers the recent announcement you need to know. 

*Stock prices used were end-of-day prices of June 16, 2023. The video was published on June 19, 2023.