Why Peloton Interactive Stock Is Higher Today
Shares of Peloton Interactive (NASDAQ: PTON) were higher again on Thursday, continuing a run that began earlier this week on news of an expansion and a favorable review from Wall Street.
As of 2:30 p.m. EST, Peloton's stock was up about 5.1% from Wednesday's closing price.
There was no news of note on Peloton on Thursday. I think growth-stock investors are continuing to buy up shares in the wake of a couple of significant developments over the past week — and after the company's stock price fell more than 40% from its January high amid a sectorwide correction.
Source Fool.com
