Peloton Stock Soared 44% Last Week, but Here's Why the Rally Might Fade

Peloton delivered a great result for the fourth quarter of fiscal 2024, but it doesn't appear to have changed some of the company's structural issues.Peloton Interactive (PTON 1.24%) makes at-home exercise equipment fitted with digital screens, which can be used to stream everything from virtual classes to music. Its stock soared to an all-time high of $163 near the end of 2020 on the back of surging sales as consumers sought ways to remain active during lockdowns.But demand has plunged since then, and the ...