Peloton Stock Is Beaten Down Now, but It Could 10X
Thu, Apr 25, 2024 3:14 PM

Peloton Stock Is Beaten Down Now, but It Could 10X

A Flip by Riya Sharma
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Peloton Interactive (NASDAQ: PTON) was one of the market's favorite growth stocks during the pandemic. The maker of connected exercise bikes and treadmills flourished as brick-and-mortar gyms closed down, and that growth spurt coincided with the buying frenzy in growth and meme stocks throughout 2020 and 2021.As a result, Peloton's stock hit a record high of $167.42 on Jan. 13, 2021.

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