If You Invested $1,000 in Peloton Stock 3 Years Ago, This Is How Much You'd Have Now
(NASDAQ: PTON) has taken investors on a wild ride in the last few years. This mimics the up-and-down nature of the underlying business. Once on top of the world, the company is trying to get back on solid footing.
Prospective investors looking to add this high-risk business to their portfolios should take the time to understand the recent past. If you invested $1,000 in this consumer discretionary stock three years ago, you'd be sitting on a balance of $40 today, translating to a gut-wrenching loss of 96% (as of Jan. 29).
Let's take a closer look at Peloton's story before figuring out if this should be on your investing radar.
Source Fool.com
Peloton Interactive Inc. Stock
€3.31
2.300%
Currently there is a rather positive sentiment for Peloton Interactive Inc. with 10 Buy predictions and 3 Sell predictions.
With a target price of 7 € there is potential for a 111.42% increase which would mean more than doubling the current price of 3.31 € for Peloton Interactive Inc..
