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Why Peloton Stock Jumped on Friday


Shares of Peloton Interactive (NASDAQ: PTON) stock jumped on Friday. The stock rose as much as 6.6% and was up 5.7% as of 2:05 p.m. EDT.

The connected fitness product maker's stock was likely up because of optimism in the market for many tech stocks on Friday, as well as the continuation of a bullish trend for Peloton shares over the past month.

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

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Source Fool.com

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