1 Stock I Wouldn't Touch With a 10-Foot Pole -- And Here's Why
Peloton(PTON) The Motley Fool·2024-02-05 18:17
On Thursday morning, Peloton Interactive (PTON 0.71%) reported the results from its fiscal 2024 second quarter, and the numbers weren't great. For the period, which ended Dec. 31, revenue declined 6% year over year and the business posted a net loss of $195 million, which was worse than the three months prior. In response to the report, traders sent Peloton's stock down by more than 20%. From its early 2021 peak, it is currently down more than 97%.Nonetheless, risk-tolerant investors might be ready to take ...