A Peloton Turnaround? Should Investors Take a Ride with the Stock?

The connected fitness company's efforts to get back in shape are paying off.Share prices of Peloton Interactive (PTON 1.24%) skyrocketed after the embattled company reported that it grew its revenue marginally in its fiscal 2024 fourth quarter and moved closer to profitability. The stock rose more than 35% during the trading session that followed its Q4 report's release, but the stock is still trading down more than 25% on the year.Could this be the right time for investors to hop on the stock and take a ri ...