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Why Peloton Stock Fell 18% in February


Shares of Peloton Interactive (NASDAQ: PTON) dropped 17.6% in February, according to data from S&P Global Market Intelligence. For context, the S&P 500 returned 2.8% last month.

Despite this pullback, shares of the connected-fitness specialist, which held its initial public offering in September 2019, have gained 364% over the one-year period through March 1. The broader market has returned 34.4% over this period. 

Image source: Getty Images.

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Source Fool.com

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