Peloton Plummets 23% on Weak Q2 Earnings – 3 Reasons It’s Time to Sell This Stock

By |2024-02-01T17:26:08+00:00February 1st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Peloton (PTON) is continuing its fall from grace with another day of plummeting share prices, down more than 23% in Thursday’s trading session. This comes after the fitness company delivered lackluster Q2 earnings alongside a weak outlook for the road ahead. In what was supposed to be Peloton’s strongest quarter amidst the holiday season, [...]