Peloton Stock Plunged 30%. Is It a Buy or Sell Today?
Shares of (NASDAQ: PTON) dropped like a rock on Thursday after the company reported financial results for the fiscal second quarter of 2024. Not only is the company not growing subscribers as investors hoped, but free cash flow is further off than expected.
In this video, Travis Hoium shows why the results were so concerning.
*Stock prices used were end-of-day prices of Feb. 1, 2024. The video was published on Feb. 1, 2024.
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..
