Updated: Apr 6
Leading connected-fitness company Peloton (NASDAQ:PTON) has retreated back almost 40% since hitting an all-time high in January 2021. After its 850%-plus run over a 10-month span, a pullback in PTON stock was due.
Peloton is particularly enticing when you consider the size of the global fitness industry and the company’s recurring revenue model.
To read more, visit Investorplace: https://investorplace.com/2021/03/why-the-dip-in-peloton-stock-is-the-perfect-buying-opportunity/
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