With a membership base of more than 6.9 million users, Peloton Interactive Inc. (PTON) is the top interactive fitness platform in the world. The company was the first to offer its members immersive, instructor-led boutique classes streamed anytime, anywhere through a connected, technology-enabled fitness model.
However, its shares have declined 90.7% over the past year and 28.3% over the past three months to close its last trading session at $9.44. In addition, the stock is currently trading 92% below its 52-week high of $118.61, which it hit on September 10, 2021.
