Why Peloton Stock Jumped on Thursday
Shares of connected fitness specialist Peloton Interactive (NASDAQ: PTON) jumped on Thursday, rising as much as 7%. By 10:25 a.m. ET, however, the stock had settled to a gain of about 5.3%.
The growth stock's gain likely reflects a combination of factors, including an analyst's outperform rating on the stock and an upbeat day for tech stocks overall today.
Image source: Peloton Interactive.
Source Fool.com