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https://www.barrons.com/articles/peloton-stock-rowing-machine-workouts-51652479189
Shares of Peloton Interactive jumped 16% after the company teased a rowing machine and new features at its annual “Homecoming” event. The move did little to counter months of declines for the stay-at-home darling.
Peloton (ticker: PTON) stock rose 17% to $15.87, its best day since Feb. 8, according to Dow Jones Market Data. The stock is still off 90% from its record close of $167.42 on Jan. 13, 2021, and 56% year to date.
Shares of Peloton Interactive jumped 16% after the company teased a rowing machine and new features at its annual “Homecoming” event.
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