Why Peloton Stock Fell Sharply on Thursday
Shares of connected fitness product company Peloton Interactive (NASDAQ: PTON) fell sharply on Thursday, declining more than 5% as of 1 p.m. EDT.
The growth stock's sharp drop was likely driven primarily by a bearish note from short-seller Citron Research Thursday morning.
Image source: Peloton.
Source Fool.com
