Peloton Shares Plunge as BofA Warns of Further Downside on Churn Fears
- Peloton's stock is down 97% from its high
- BofA moves to a bearish stance on Peloton shares
- BofA is worried about potential increased subscriber churn at Peloton
- Peloton shares could fall even further from current levels
- BofA analyst Curtis Nagle cut rating on Peloton to underperform from neutral