🚴 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.

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…