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  "documentTitle": "Peloton Interactive (PTON)",
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  "authorName": "David Einhorn",
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      "text": "Peloton customers are very loyal, and the monthly churn last fiscal year was about 1.5%, though with recent changes in business mix it's expected to tick up a couple tenths. Even so, churn compares favorably to several highly-valued subscription peers. And Peloton tracks engagement very closely; workouts per account have been stable at over 13 per month recently.",
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      "text": "Source: Peloton Interactive 2024 annual report... [full citation]",
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