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Peloton: A History of the Stock's Biggest Moves

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Peloton  (PTON) - Get Peloton Interactive, Inc. Class A Report, once Wall Street's darling company, is going through rough patches. 

The connected fitness company, which went public in September 2019 at $29 per share, is now trading below that. 

On January 20, Peloton stock tanked more than 23% after CNBC reported that the connected fitness company is planning to suspend production of its bikes and treadmills. However, the company has since disputed the report and said in a memo to employees that it’s “right-sizing” production.

Related: Peloton Stock Rebounds As CEO Hits Back At 'False' Production Halt Report, Plans Costs Cuts 

You may be surprised to know that just a year ago, Peloton's stock hit an all-time high of over $171 as the company reported triple-digit revenue growth as more people became home-bound due to pandemic. 

However, in November, Peloton stock plunged from $86 to $55 after the company reported a loss in its fiscal first quarter.

Watch the video above to know other key moments in Peloton.

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