Peloton stock (PTON) fundamentalsPeloton launched its initial public offering (IPO) in 2019 at $27 a share, and Peloton’s share price quickly pedaled higher. As with any investment decision, it’s important to thoroughly understand the company’s financials before you buy Peloton stock. How Peloton stock fits into your portfolioAfter Peloton shares reached an all-time high of about $162 in late 2020, the stock’s rapid ascent was followed by a cool down that mimicked the company’s popular workout classes. More recently, the stock has been trading in a range of about $25 to $40 a share, which makes buying Peloton stock a more affordable endeavor. You can buy Peloton shares in a matter of minutes, but you should spend more time thinking about how many shares to buy.

Source: Forbes February 18, 2022 04:22 UTC