|Bid||121.44 x 2200|
|Ask||121.46 x 1000|
|Day's Range||117.58 - 122.97|
|52 Week Range||59.68 - 171.09|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep. 08, 2021 - Sep. 13, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||131.38|
A couple of big announcements could have dramatic long-term implications for the connected exercise equipment company.
Shares of connected fitness equipment company Peloton (NASDAQ: PTON) jumped Tuesday morning, a day after the company announced its first foray into the world of gaming. As of 11:50 a.m. EDT, Peloton shares were up 5.6%. Yesterday, Peloton announced it is working to launch an interactive game called Lanebreak, which the company calls "an experience that sits at the intersection of gaming and fitness."
This veteran strategist outlines a key risk to markets that investors would be wise to watch closely.