peloton stock price

Peloton has seen a 66% surge in sales and generated $524.6 million in total revenue for the fiscal third quarter that ended on March 31. $98.2 million came from subscriptions, which is 92% higher year over year, and $420.2 million came from product sales, 61% up. PTON stock is up.

While businesses like Zoom and Peloton have witnessed a massive surge in its user-base, popular short-seller Jim Chanos says that one must study these companies fundamentals before investing in them rather than going with the wind.