Was I Wrong? This Hot Stock Has Already Doubled in 2023
Current CEO Barry McCarthy joined Peloton in Feb. 2022 when the company was in crisis, and he embarked on a mission to right the ship. Now, one year later, Peloton's financial results for the fiscal 2023 second quarter (ended Dec. 31) show strong improvement across the board. Peloton's rise seemed unstoppable at the start of the pandemic.