Peloton (PTON) Is Now a Prime Short Squeeze Candidate Should a Takeover Deal Materialize in the Near Future

Peloton (PTON) Is Now a Prime Short Squeeze Candidate Should a Takeover Deal Materialize in the Near Future

2 years ago
Anonymous $jukOC22bR_

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.

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