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Should You Buy Peloton Stock After Its Shift Into Artificial Intelligence (AI)?

The connected exercise equipment company is desperately trying to reignite its sales growth, and it's turning to artificial intelligence to do it.Peloton Interactive (PTON -12.23%) went public at 29persharein2019,andbyDecember2020,ithadsoaredby46229 per share in 2019, and by December 2020, it had soared by 462% to a record high of around 163. Pandemic-necessitated lockdowns and social-distancing efforts led to explosive demand for the company's connected exercise equipment, which sent its revenue soaring.However, the boom was short-lived. Sales cratered a ...