Is Peloton witnessing a short squeeze moment?
Peloton’s share price has appreciated close to 50% over the past 5 days. Unknown to many, Peloton’s stock is one of the most heavily shorted stocks in the US and the recent strong rebound could trigger a “short squeeze” moment, similar to what we have seen previously for stocks such as Gamestop and AMC. Is Peloton going to be the next Wall Street Bet stock?
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