Peloton (PTON +4.27%) appears to have overcome its most significant risks and is on a path to sustainable business development.
*Stock prices used were the afternoon prices of Oct. 31, 2024. The video was published on Nov. 2, 2024.
Peloton Stock Soars Following Huge Inflection Point in Profitability
By Parkev Tatevosian, CFA – Nov 4, 2024 at 9:58AM
NASDAQ: PTON
Peloton Interactive
Market Cap
$3.2B
Today's Change
(4.27%) $0.32
Current Price
$7.82
Price as of October 24, 2025 at 4:00 PM ET
Investors wonder if the company's results justified this stock price increase.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.