Why Peloton Interactive Stock Dropped 17% in February
Shares of Peloton Interactive (NASDAQ: PTON) lost 17.5% last month, according to data provided by S&P Global Market Intelligence.
Peloton's latest earnings results in early February showed robust sales growth through the holidays, but forward guidance was below investor expectations, which caused the sell-off in the stock price.
Image source: Peloton Interactive.
Source Fool.com
