mo4ch:>‘Unwoke’ Peloton stock now roaring back as Americans go stir crazy in coronavirus lockdown | Mo4ch News

Less than three months after the infamous holiday commercial wiped out $1 billion in Peloton’s market value, the company’s stock is bouncing back – along with the makers of toilet paper and canned goods – amid Covid-19 lockdowns.The makers of pricey stationary exercise bikes – and the subscription workout program that comes with them – fell on their face back in December, when their holiday commercial intended to be cute was denounced as misogynist, fat-shaming, sexist and creepy. Peloton offered a groveling apology and removed the video after their stock took a dive amid the rancor.Also on rt.comBoom Bust investigates how one ad could wipe out $1 billion of Peloton stockFast-forward to mid-March, and Peloton is one of the few stocks actually going up during the Covid-19 pandemic, as Americans stuck at home as a result of lockdowns and quarantines look for something to do. The markets are crashing and burning as supply chains are disrupted and panicked investors sell off their holding…