Advertisement
Canada markets close in 4 hours 19 minutes
  • S&P/TSX

    21,805.34
    -68.38 (-0.31%)
     
  • S&P 500

    5,009.95
    -61.68 (-1.22%)
     
  • DOW

    37,873.27
    -587.65 (-1.53%)
     
  • CAD/USD

    0.7304
    +0.0006 (+0.08%)
     
  • CRUDE OIL

    82.21
    -0.60 (-0.72%)
     
  • Bitcoin CAD

    87,474.11
    -1,466.43 (-1.65%)
     
  • CMC Crypto 200

    1,375.61
    -6.96 (-0.50%)
     
  • GOLD FUTURES

    2,346.10
    +7.70 (+0.33%)
     
  • RUSSELL 2000

    1,967.42
    -28.01 (-1.40%)
     
  • 10-Yr Bond

    4.7020
    +0.0500 (+1.07%)
     
  • NASDAQ

    15,449.88
    -262.87 (-1.67%)
     
  • VOLATILITY

    16.89
    +0.92 (+5.76%)
     
  • FTSE

    8,076.57
    +36.19 (+0.45%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6810
    -0.0009 (-0.13%)
     

Why Peloton Stock Popped Today

Why Peloton Stock Popped Today

Shares of Peloton (NASDAQ: PTON) have popped today, up by 4% as of 2:42 p.m. EDT, after the connected fitness company announced its new Roku (NASDAQ: ROKU) channel. The new Peloton channel will feature thousands of workouts led by instructors and can be accessed with or without a Peloton Bike or Tread. Peloton will sell new subscriptions through the app (entitling Roku to a cut of sales), and existing subscribers can also log in to access the channel.