If You Own Peloton Stock, It's Time to Sell

If You Own Peloton Stock, It's Time to Sell
·4 min read

Peloton (NASDAQ: PTON) has taken investors on a wild ride since its IPO in September of 2019. The stock was priced at $29, but initially slumped below its offering price as investors questioned the appeal of Peloton's expensive exercise bikes and streaming spin class subscriptions. Interest in Peloton remained tepid until about a year ago, when gyms and other businesses started closing down to deal with the pandemic.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting