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Will Peloton Recover in 2022?

TheMotleyFool

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Although Peloton Interactive (NASDAQ: PTON) was riding high throughout the pandemic, it now seems like its troubles can't get any worse. The company's stock, which gained 430% in 2020, slipped 76% last year, and it's now trading below its initial public offering (IPO) price of $29. Let's explore why the stock tanked, and whether or not it can recover this year.

Last week was an awful week for Peloton after it raised delivery fees for some products and word leaked that it was decreasing production. Its website says that setup and delivery will begin to cost $250 for its bikes and $350 for its treadmills after Jan. 30.

Image source: Peloton Interactive.

Source Fool.com

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