Fresh Lows, Fresh Woes: Peloton Stock's Exhausting Slide Continues
Peloton stock is indeed a textbook example of 2022's painful winding-down of easy-money policy and speculative fervor in the financial markets.
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Peloton stock is indeed a textbook example of 2022's painful winding-down of easy-money policy and speculative fervor in the financial markets.
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Peloton Interactive, Inc. (NASDAQ:PTON – Get Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 56,060,000 shares, a growth of 17.1% from the December 31st total of 47,890,000 shares. Based on an average daily trading volume, of 12,800,000 shares, the days-to-cover ratio is presently […]
Investors will want to see this business make concrete improvements before bidding up its shares.