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Peloton Stock Has Soared 195% From Its 52-Week Low. Is It Too Late to Buy?
PTONPeloton(PTON) The Motley Fool·2024-11-05 10:27

The connected fitness company's incoming CEO has an impressive resume that includes a seven-year stint at Apple.Peloton Interactive (PTON 3.59%) was a savior for fitness enthusiasts during the depths of the pandemic. When lockdowns and social distancing protocols were implemented in 2020 and 2021, demand soared for the company's connected exercise equipment and virtual fitness classes.However, Peloton's revenue has declined in each of its last three fiscal years as social conditions gradually returned to no ...