$1,000 Invested in Peloton Interactive (PTON) at Its 52-Week Low Is Worth This Much Today
It's likely improbable that the fitness innovator will get back to its record high again.
Overview
Peloton Interactive (NASDAQ: PTON), once a darling on Wall Street, has struggled to regain its footing in the at-home exercise market. Shares trade at 97% off their January 2021 peak (as of Oct. 2). However, ongoing volatility has enabled opportunistic investors to buy low and sell high.
A $1,000 investment in this consumer discretionary stock at its 52-week low price of $3.65 on March 13 would be worth this much today.
Image source: The Motley Fool.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.