Why Peloton Stock Dropped 19% in February

Shares of connected fitness giant Peloton Interactive (PTON -1.25%) fell 19% in February, according to data provided by S&P Global Market Intelligence. The company reported its fiscal second-quarter results, and investors weren't too happy about them.The news is getting worse instead of betterIt's hard to believe that not too long ago, Peloton was riding high as a pandemic-era darling. Sales were soaring, and demand was so high the company couldn't meet it.But that came crashing down quickly. Part of the pr ...