
Key Insights:
- Peloton's stock just went public in September
- Analysts have been leery of it being overvalued
- A strong Black Friday likely led investors to sell
You hate to see it. Or, for the less sarcastic types, you love to see it. Either way, Peloton’s 9% stock plunge on Tuesday was a moment of gleeful schadenfreude for critics of the pricey home exercise brand’s cringey holiday ad.