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Here's Why Peloton Stock Popped Today

Here's Why Peloton Stock Popped Today

Shares of connected fitness equipment company Peloton (NASDAQ: PTON) jumped Tuesday morning, a day after the company announced its first foray into the world of gaming. As of 11:50 a.m. EDT, Peloton shares were up 5.6%. Yesterday, Peloton announced it is working to launch an interactive game called Lanebreak, which the company calls "an experience that sits at the intersection of gaming and fitness."