Peloton (PTON) Is Now a Prime Short Squeeze Candidate Should a Takeover Deal Materialize in the Near Future
https://wccftech.com/peloton-pton-is-now-a-prime-short-squeeze-candidate-should-a-takeover-deal-materialize-in-the-near-future/
Peloton (NASDAQ:PTON), an internet-connected exercise equipment and media company, has endured a significant erosion in its pandemic-induced surge in cash flows amid stagnating revenues and cascading recalls production halts.
In this gloomy environment, Peloton shares have had to endure a veritable volley of volatility in recent days as a number of fast-paced developments kept investors on their toes. Let’s recap what has happened so far.