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.

Image source: Peloton.https://press.onepeloton.com/#logos

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Source Fool.com