Peloton Is Getting Ahead Of Itself With Recent Rebound

Husam CakalogluBack in September, I wrote that I thought that Peloton’s (NASDAQ:PTON) subscription business had value, but that there was no immediate catalyst on the horizon. The stock has rallied over 35% since, then. My first write-up on the name was back in March, when I said the stock price needed to be lower to take a flyer on the name. The stock is down over -40% from that article. Let’s catch up on the name. Company Profile As a refresher, PTON designs and sells interactive fitness equipment inc ...