3 Reasons to Sell Peloton Interactive

Shares of Peloton Interactive (NASDAQ: PTON) have been in a steep downward spiral since early 2021, falling more than 90% from their peak. Before that, the stock racked up incredible gains in 2020 as investors emotionally bought stocks that might benefit from pandemic-driven social distancing.

Even though investors are now taking a more rational view here, Peloton is still not a great option for most investors. Here are three reasons.

At its core, Peloton Interactive is a fitness equipment maker. That's not a new business model by any stretch of the imagination.

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Source Fool.com