Bargain Shopping? This Stock Is Down 77% in 2021
Investors looking for bargains can often find them in the stock market. Poor performance, negative perception, and the fear of losing money can all cause stocks to sell off and trade at lower-than-usual prices.
Peloton (NASDAQ: PTON) is one of those stocks that have sold off considerably in 2021. Indeed, the stock is down 77% this year. Let's look at what has caused it to fall so hard and whether it's a good value for bargain-shopping investors.
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Source Fool.com
