1 Incredibly Cheap Stock to Avoid Like the Plague In 2023

1 Incredibly Cheap Stock to Avoid Like the Plague In 2023

From that IPO date to its all-time high in January 2021, the stock was up an incredible 550%, as Wall Street fell in love with the fitness disruptor and its outstanding growth trajectory. Readers are probably all too familiar with Peloton's rapid rise in popularity. The company was certainly boosted by pandemic-fueled demand, but it was growing like gangbusters even before the health crisis.