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Why Peloton Stock Tumbled Today

TheMotleyFool 
0 0 22.05.24
Why Peloton Stock Tumbled Today
 

Shares of Peloton Interactive (NASDAQ: PTON) were taking a dive today after the high-end maker of exercise bikes announced a global refinancing that could include borrowing at an interest rate above 11%.

As a result, the stock finished the day down 16.4%.

Image source: Peloton.

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Source Fool.com

Peloton Interactive Inc. Stock

€5.54
0.000%
The Peloton Interactive Inc. price is unchanged compared to yesterday.
With 10 Buy predictions and not the single Sell prediction the community is currently very high on Peloton Interactive Inc..
With a target price of 9 € there is a hugely positive potential of 62.45% for Peloton Interactive Inc. compared to the current price of 5.54 €.
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