Why Peloton Shares Are Trading Higher On Monday

Peloton PTON shares are trading higher as renewed COVID-19 concerns lift some stay-at-home names for the session. The stock experienced strength in 2020 amid the COVID-19 pandemic as demand for home fitness platforms increased.

Peloton Interactive provides interactive fitness products in North America and internationally. It offers connected fitness products, such as the Peloton Bike and the Peloton Tread, which include touchscreens that stream live and on-demand classes.

At the time of publication, shares of Peloton were trading 6.59% higher at $117.82 per share. The stock has a 52-week low of $109.67 and a 52-week high of $171.09. 
 

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!