This Stock Is Down 97% -- Time to Buy It Hand Over Fist

Peloton (NASDAQ: PTON) was a market darling before losses mounted after the pandemic and the company ran into financial problems. But the company's turnaround is nearly complete, and it's time for a fresh look at Peloton. Travis Hoium covers the company's recent financial improvement and new financing in the video below.

*Stock prices used were end-of-day prices of Aug. 30, 2024. The video was published on Sept. 3, 2024.

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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and Peloton Interactive. The Motley Fool has positions in and recommends Alphabet, Garmin, Lululemon Athletica, and Peloton Interactive. The Motley Fool has a disclosure policy . Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.