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1 Growth Stock Down 97% to Buy Right Now
PTONPeloton(PTON) The Motley Fool·2024-02-05 05:59

Like bargains? Check out Peloton Interactive (PTON 0.71%). Shares of the fitness equipment and related tech company are down an incredible 97% from their early 2021 peak.Yes, this is the same Peloton that just reported a 6% year-over-year slide in its fiscal second-quarter revenue, setting up more losses. Specifically, its Q2 top line of $744 million fell from the year-ago comparison of $793 million, leading to a loss of $195 million. That loss is smaller than the year-ago comparison.Guidance for the fiscal ...