Peloton CEO change. Will Peloton be bought? Will the stock pop? Market update 2-8-22
Description
Peloton hired the former Netflix CFO as their new CEO. He's now moving from California to New York so my guess is with both of these, no sale. Check out the Medium blog at medium.com/@dailystockpick3 for more details.
Today's stocks:
PTON - I don't think I would trade this one. It looks like a long rehabilitation process in the company which will make it difficult to trade.
F - you may be able to get this one around $16 - I wouldn't buy now, but I do think you'll see pops back to $22
SPG - announced earnings and while things look strong for 2022, the stock has opened down
UA - still researching ahead of Friday earnings
CLF - still looking strong heading to earnings
COIN - we go over why I think this is a good gamble with the recent crypto spike and what price target you should look at.
United States
