Peloton stock price is risky but technicals point to a rebound

Peloton Interactive (NASDAQ: PTON) stock price has dived hard this year even amid optimism that it will become a takeover target by private equity companies. It has crashed by over 54% in the past 12 months and by 37% this year alone. A stock that was trading at almost $160 during the pandemic has crashed to $3.70 today. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Weak fundamentals and high debtCopy link to sectionPeloton Interactive has become on ...