Peloton Interactive (NASDAQ: PTON) had a heck of a price advance when it reported fiscal fourth-quarter 2024 earnings on August 22nd, with the shares rocketing higher by a huge 40% or so. On the surface that sounds exciting, but when you dig into the story a little bit more, the exercise equipment maker remains a troubled company. Here's why this stock is only appropriate for aggressive investors.

That huge price increase in Peloton's shares basically happened in one day. That's a shocking price increase in a very short period of time and should instantly raise question marks for investors. The reason for the rally was the company's fiscal Q4 2024 earnings release, which seems like it must have been pretty good given the market's reaction.

Image source: Getty Images.

Continue reading

Source Fool.com