Why Peloton Stock Leapt to a New All-Time Today
Shares of Peloton Interactive (NASDAQ: PTON) surged 9% to a record closing high of $83.67 on Tuesday, continuing the growth stock's tremendous ascent in recent days.
Peloton's gains were driven in part by the introduction of its new Health and Wellness Advisory Council on Tuesday. The group consists of respected medical experts in fields including neurology, neuroscience, cardiovascular medicine, and cardiopulmonary exercise. The council will help to guide Peloton's product development as a means to "positively impact the physical, mental, and emotional wellbeing" of Peloton's members.
Expert doctors and scientists will use cutting-edge science to direct Peloton's new product creations. Image source: Peloton.
Source Fool.com
