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Why Peloton Stock Surged in June

TheMotleyFool

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Shares of Peloton Interactive (NASDAQ: PTON) surged in June, as demand for the company's connected home-fitness gear and classes continued at sky-high levels even as coronavirus-related restrictions were eased in some parts of the United States.

According to data from S&P Global Market Intelligence, Peloton's shares gained 36.9% last month, far outpacing the S&P 500's 1.8% gain over the same period.