Peloton stocks cycle there way up 6% after record streaming workout.

pelton

Peloton Interactive  (PTON) – Get Report has restarted its live-streamed workout sessions with a bang.

Shares of Peloton raced higher as the stationary bike and exercise company reported a record-breaking live-streamed workout session.

Peloton’s stock price jumped 6.32% to $31.78 a share on Friday after the home-exercise firm reported that 23,000 members had live-streamed a single class on Wednesday.

The number broke internal records at Peloton, while its worldwide membership has crossed the 2 million mark, the company said in a statement, according to Bloomberg.

The record-setting bike workout session was led by a Peloton instructor live-streaming from her home.

Peloton is now live-streaming two or three classes a day during the morning, with plans to resume evening classes in the coming weeks.

Source
https://www.thestreet.com/investing/peloton-pedals-higher-after-live-streamed-workout-smashes-record

LEAVE A REPLY

Please enter your comment!
Please enter your name here