Why Peloton Stock Jumped on Thursday but Pulled Back After Market Close

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Shares of connected fitness product company Peloton Interactive (NASDAQ: PTON) jumped sharply on Thursday. The stock closed the trading day up more than 7%.

The growth stock was likely rising in anticipation of the company’s quarterly results after market close. Some investors may have been expecting a blowout quarter.

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

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