Why Peloton Stock Soared Over 50% This Week
Shares of Peloton Interactive (NASDAQ: PTON) soared over 50% this week, according to data from S&P Global Market Intelligence. The at-home fitness company stabilized its revenue growth and improved cash flow, but is still losing subscribers each quarter.
After the pandemic, Peloton's business collapsed, leading the stock to fall more than 98%. Even after this week's pop, the stock is still off 97% from all-time highs, meaning anyone who invested $100 at the top only has $3 today.
Here's why Peloton Interactive stock rocketed higher this week.
Source Fool.com
Peloton Interactive Inc. Aktie
5,54 €
-1,09 %
Peloton Interactive Inc. ist derzeit einer der Favoriten unserer Community mit 10 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung.
Ein Kursziel von 9 € für Peloton Interactive Inc. würde eine Steigerung von mehr als 50% gegenüber dem aktuellen Kurs von 5.54 € bedeuten.
