Why Peloton Stock Surged Higher, Then Sank Today
Shares of leading connected fitness stock Peloton Interactive (NASDAQ: PTON) rose as much as 14% before reversing to a 1% decline as of noon ET on Thursday, according to data provided by S&P Global Market Intelligence.
Peloton posted a surprise profit during its fourth-quarter earnings call, rocketing past analysts' expectations.
Although sales dipped 6%, gross profits grew 5%, and free cash flow (FCF) quadrupled, suggesting that its turnaround may be taking hold.
Source Fool.com
Peloton Interactive Inc. Aktie
4,71 €
-1,03 %
Die Community bevorzugt Peloton Interactive Inc. mit mehreren Buy-Einschätzungen und keinen Sell-Einschätzungen.
Das Community-Kursziel von 9 € für Peloton Interactive Inc. deutet auf eine deutliche Steigerung um mehr als 50% gegenüber dem aktuellen Kurs von 4.71 € hin.
