Peloton Stock Dips: Is This a Buying Opportunity?
Shares of connected fitness company Peloton Interactive (NASDAQ: PTON) were slammed on Friday. The growth stock fell about 9% as investors worried about the company's wider-than-anticipated fiscal fourth-quarter loss and a significant price cut for the original Peloton Bike.
Is the stock's weakness a sign of worse to come over the long haul, or is this a buying opportunity?
Image source: Peloton Interactive.
Source Fool.com