3 Big Risks Facing Peloton Interactive
Shares of Peloton Interactive (NASDAQ: PTON) are back near all-time highs.
The maker of the $2,245 stationary bike has seen its stock soar in recent weeks as investors have turned bullish potential on the high-end exercise company due to its role in the "stay-at-home" economy. With most Americans under stay-at-home orders, the thinking goes, more people have turned to Peloton to help get their daily workout in.
While there is some anecdotal evidence of increased interest in Peloton's product, the company itself has yet to share any data on its performance since the pandemic swept the nation. Even if the company is getting a significant tailwind from Americans being cooped up inside their homes, Peloton faces several risks over the coming months that investors shouldn't ignore. Let's take a closer look.
Source Fool.com
