Is It Too Late to Buy Peloton Interactive Stock?
Peloton(PTON) The Motley Fool·2024-09-21 15:09Peloton's stock has seen better days. Is this the right time to invest in the formerly high-flying home gym stock?Exercise equipment specialist Peloton Interactive (PTON 3.16%) has been a volatile investment in recent years.Home gyms were popular during the coronavirus lockdowns and quarantines, and Peloton's stock soared from 167 per share in 2020. The company was worth $49.3 billion at the peak, supported by soaring sales growth.But that boom didn't last. Today, Peloton's stock price has dropped a ...