Why Peloton Stock Jumped Sharply on Monday
Shares of Peloton Interactive (NASDAQ: PTON), a connected fitness product company, jumped sharply on Monday. As of 2:08 p.m. EDT, the stock was up more than 7%.
The stock's move higher on Monday was likely helped by optimism in the overall market and particular strength in growth stocks like Peloton.
Source Fool.com