After a rough few years, Peloton(NASDAQ: PTON) stock has been on fire recently, climbing 70% in just over two months. The reason investors are excited about Peloton again is the company's rapidly improving financials. In this video, Travis Hoium covers how the company's strategy has changed and why investors should take another look at Peloton stock.
*Stock prices used were end-of-day prices of Oct. 14, 2024. The video was published on Oct. 14, 2024.
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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.
