Could Peloton Stock Help You Become a Millionaire?

The beleaguered fitness enterprise was once on top of the world.From their initial public offering in September 2019 to their peak in January 2021, shares of Peloton Interactive (PTON 2.69%) skyrocketed by 550%. That monster run would've turned a $155,000 initial investment into $1 million at its all-time high in about 16 months.But since that peak, this consumer discretionary stock has lost about 98% of its value. Now trading at a price-to-sales ratio of 0.5, some investors might view this business as a bu ...