Is Peloton Stock a Bargain Below $10 a Share?
Two words can sum up the experience of Peloton Interactive (NASDAQ: PTON) shares since the company went public in late 2019: extreme volatility. Now in early 2023, with the founder out, declining profit margins, and a stagnating user base, shares of the stock have plummeted to below $10. Down 95% from all-time highs, is Peloton stock officially a bargain?