🚴 Upside Analysis: Peloton finally goes public
This week, Peloton, the maker of connected exercise bikes, officially went public. And it did not go as expected.
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In fact, Peloton shares began trading at around $27 per share (already a dip from its $29 per share offering) and then continued to drop over the course of Thursday, closing down by more than 11%. As of Friday, Peloton shares finished the wee…