Is It Time to Buy Peloton Stock? Here's the Good News and the Bad News

Peloton stock plummeted by 25% immediately after reporting its latest quarterly operating results.Peloton Interactive (PTON 1.48%) was one of the best-performing stocks at the height of the pandemic. It soared to a record high of $163 by the end of 2020, which represented a whopping 463% gain from its initial public offering (IPO) price of $29 from just one year earlier.Peloton's digitized at-home exercise equipment was in high demand when consumers were hit with lockdowns and social restrictions to reduce ...