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David Einhorn at 2024 Robin Hood Investors Conference: This Stock Could Increase 6X

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Michelle deBoer-Jones
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Peloton Interactive Inc (NASDAQ:PTON) has gotten a bad rap since COVID, facing issues like high expenses, product recalls, and smaller-than-expected growth. However, not everyone is bearish on the company.

At the 2024 Robin Hood Investors Conference, David Einhorn of Greenlight Capital shared his thesis for Peloton. It's the largest interactive fitness platform globally. Einhorn noted that the company was a huge beneficiary during COVID shortly after its initial public offering.

In Peloton's Words

Peloton

In a sideline interview by Bloomberg at the Robinhood conference, Einhorn said there's "a...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.