PTON is on the move, down another -6% today after earnings miss. Some choice reddit comments inside

Shares of Peloton Interactive Inc (PTON) are trading -6% lower at a price of $10.325 at the time of this writing. So far the Consumer Discretionary sector has been having a somewhat glum day, and the share price of the company is plummeting faster than it's peers.

A strong factor in the price movement would likely be the most recent earnings call on August 25.

Peloton Interactive Inc has been trading between a 52-week high of $118.61 and a 52-week low of $8.22. The stock has a market cap of $311 Million.

Peloton is the leading interactive fitness platform in the world with a loyal community of more than 3.6 million Members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that encourage its Members to be the best versions of themselves.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

putsRnotDaWae - 8 upvotes - source
PTON loses $1.2-$2B per quarter when revenue is $1B. How is that even possible? Isn't this fraud of some kind 😂😂😂?

lipmanz - 7 upvotes - source
I can’t remember another company with a hot product that soared and crashed like PTON, they had multiple quarters over a Billion in sales and now will be lucky to get a buyout

Zachincool - 6 upvotes - source
If you’re patient, shorting PTON as they fall into bankruptcy can make you very wealthy.

new-chris - 6 upvotes - source
My turnaround plan for PTON would involve topless instructors

new-chris - 5 upvotes - source
With all these domestic inflation pressures I think everyone is going to go out and buy PTON bikes. 🤡

LightBoyRick69 - 4 upvotes - source
PTON largest shareholders were OnlyFans subscribers

Sandvicheater - 4 upvotes - source
PTON is -95% from its ATH holy sheeeeet!

humblelyla - 3 upvotes - source
Where are the PTON investors at? Lol

BovineJonith - 3 upvotes - source
PTON puts

WR810 - 3 upvotes - source
How long until apes rally around PTON because it's a "sHoRt SqUeEzE".