Is Peloton in Trouble?

By Travis Hoium – Aug 31, 2023 at 7:00AM

NASDAQ: PTON

Peloton Interactive

Market Cap

$1B

Today's Change

(4.29%) $0.13

Current Price

$3.16

Price as of April 26, 2024, 4:00 p.m. ET

The recent quarter caused the stock to drop, but is that an overreaction or a bad omen?

Peloton's (PTON 4.29%) strategic shift continues, and investors aren't happy with the results right now. In this video, Travis Hoium covers the good, the bad, and what investors should be looking for long-term from this fitness company.

*Stock prices used were end-of-day prices of Aug. 28, 2023. The video was published on Aug. 30, 2023.

Travis Hoium has positions in Peloton Interactive. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.