Shares of Peloton surge 11% after David Einhorn says stock is significantly undervalued
Publishing timestamp: 2024-10-23 19:50:10
Summary
David Einhorn of Greenlight Capital believes Peloton's stock is significantly undervalued and made a pitch for the company at the Robin Hood Investors Conference. Peloton is in the middle of a turnaround and looking for a new CEO. Shares of Peloton spiked more than 11% after Einhorn's comments.
Sentiment: POSITIVE
Tickers: PTON,
Keywords: david einhorn, retail industry, peloton interactive inc, greenlight capital re ltd, business, business news, breaking news: business,
Source: https://www.cnbc.com/2024/10/23/david-einhorn-says-peloton-is-significantly-undervalued.html