Why Peloton Stock Was Up 18% in July

Shares of Peloton Interactive (NASDAQ: PTON) were up 18.1% in July, according to data provided by S&P Global Market Intelligence. The stock even hit an all-time high during the month before breaking its record again in early August.

Investors and analysts alike love Peloton's potential in the COVID-19 era -- potential that's perfectly illustrated by a partnership announced early in July.

Image source: Peloton.

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Source Fool.com