In the aftermath of the 2022 bear market, many stocks are trading at significant discounts to their previous highs. This is mostly due to market sentiment changing for some companies as business fundamentals were previously detached from the stock performance. For others, however, the fall from grace has been warranted due to challenges with the business.Unfortunately, at-home fitness company Peloton (PTON -0.23%) falls into the latter category. While it's true that some of its recent stock performance is d ...

NEW YORK, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ:PTON) today announced that the company will be participating in the Morgan Stanley Technology, Media & Telecom Conference on Thursday, March 7, 2024, at 9:30 AM PST. Attending for Peloton will be Liz Coddington, Chief Financial Officer. The live webcast and replay can be accessed in the Events section of the Company's Investor Relations website: https://investor.onepeloton.com/news-and-events/events. About Peloton Peloton (NASDAQ: ...

While investors benefit from a raging bull market, it's interesting to see companies that continue to underperform. Peloton (PTON -2.58%), for example, is currently 97% below its all-time high. And shares have dropped 66% in the last 12 months (as of Feb. 14).This consumer discretionary stock was once a darling on Wall Street. But it has been pedaling backward for the past few years.As of this writing, the beaten-down shares are trading at a price-to-sales (P/S) ratio of 0.6. That's ridiculously cheap, demo ...

While the market continues to hit fresh all-time highs, some companies couldn't be struggling more. Peloton Interactive (PTON -7.48%) is one such unfortunate business.The fitness enterprise reported mixed results for its fiscal 2024 second quarter (ended Dec. 31). But investors really weren't pleased with the new info that was revealed, as the consumer discretionary stock fell more than 20% on the day of the announcement.This means that shares are down 97% from their peak price roughly three years ago. Shou ...

Peloton (PTON 5.71%) stock posted significant gains Monday thanks to news about recent sales and purchases of the stock made by large institutional investors. The exercise specialist's share price ended the daily session up 5.7%, according to data from S&P Global Market Intelligence.Morgan Stanely and Capital World Investors submitted SC 13G/A filings to the Securities and Exchange Commission (SEC) that showed their respective holdings in Peloton stock as of late December. While Morgan Stanley trimmed its h ...

Peloton Interactive (PTON 5.60%) stock is making big gains in Monday's trading. The company's share price was up 7.5% as of 2:45 p.m. ET, according to data from S&P Global Market Intelligence.On Friday, Morgan Stanley and Capital World Investors submitted filings to the Securities and Exchange Commission (SEC) disclosing their updated holdings in Peloton as of late December. Morgan Stanley's SC 13G/A filing showed that it had reduced its position in the stock, while Capital World Investors showed that it ha ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

When the COVID-19 pandemic began in March 2020, Peloton Interactive (PTON 0.23%) stock was trading at around $25 per share. By the end of that year, it soared to over $150 as demand for the company's at-home exercise equipment exploded.Today, Peloton stock is down more than 97% from that peak, and it trades near its all-time low of about $4. Since society is now free from the pandemic-era restrictions that shut down gyms and limited outdoor activities, demand for Peloton's products has plunged.The company i ...

Things just seem to be getting worse for Peloton Interactive (PTON 8.96%). The connected fitness company's sales have plummeted, and there's been limited progress under new leadership.Peloton stock fell after its latest earnings report, but there are still signs of life. Is there any reason to be hopeful here? Actually, yes.Grasping at straws?Peloton fielded outsized demand for its connected fitness equipment in the early stages of the pandemic when people, even fitness enthusiasts, were stuck at home. It m ...

Key PointsLast week, Peloton shares fell to an all-time low of $4.10 following a fiscal 2024 second quarter earnings report that the market found far from exhilarating.A pressing need to spend on new product development and marketing will make spinning a profit difficult for Peloton in the years ahead.Despite the troubles, takeover speculation and technical oversold conditions may be two big reasons to take a chance on PTON shares. 5 stocks we like better than Peloton InteractiveA month ago, Peloton Interac ...