Why Peloton Stock Jumped on Thursday but Pulled Back After Market Close
Shares of connected fitness product company Peloton Interactive (NASDAQ: PTON) jumped sharply on Thursday. The stock closed the trading day up more than 7%.
The growth stock was likely rising in anticipation of the company's quarterly results after market close. Some investors may have been expecting a blowout quarter.
Image source: Peloton Interactive.https://press.onepeloton.com/#logos
Source Fool.com
