Why Peloton Stock Surged in June

Why Peloton Stock Surged in June

Shares of Peloton Interactive (NASDAQ: PTON) surged in June, as demand for the company's connected home-fitness gear and classes continued at sky-high levels even as coronavirus-related restrictions were eased in some parts of the United States. According to data from S&P Global Market Intelligence, Peloton's shares gained 36.9% last month, far outpacing the S&P 500's 1.8% gain over the same period. How hot is Peloton right now?