Has Peloton Turned Things Around and Become a Good Growth Stock to Buy Again?
PTONPeloton(PTON) The Motley Fool·2024-09-07 18:15

Peloton's financials showed improvement last quarter, but is it enough for the stock to win back investors?Shares of Peloton Interactive (PTON -5.03%) have been taking off of late. After reporting stronger-than-anticipated quarterly results, investors have suddenly turned bullish on the stock. In just the past month, Peloton's stock has rallied by more than 40%.Has the company given investors a reason to reconsider the stock as a growth investment, or is this likely to be nothing more than a short-lived ral ...