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September 01, 2020 1:33pm
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Fad Stocks

By Jared Dillian, Mauldin Economics Peloton Interactive Inc. (PTON) was a stock market darling in 2020. Shares rose four-fold, as the company gave people a way to exercise and sort of socialize at the same time during the pandemic lockdowns. At its peak this January, Peloton’s valuation topped $45...
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