Why Peloton Interactive Stock Continued to Sell Off This Week
Week to date, shares of Peloton Interactive (NASDAQ: PTON) were down 11.5% at 10:14 a.m. EST on Friday, according to data provided by S&P Global Market Intelligence.
The stock's free fall continued this week following Peloton's fiscal first-quarter results, issued on Nov. 4. Even the company's recent announcement that it was expanding its connected fitness product lineup with a new strength offering wasn't enough to buoy the shares.
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Source Fool.com
