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Benzinga
Benzinga
Business
Tyler Bundy

Peloton Shares Pick Back Up After A Big Red Day: What's Next?

Peloton Peloton Interactive Peloton Interactive Inc.

Peloton Interactive Inc. (NASDAQ:PTON) shares are trading higher Friday, bouncing back after the stock plunged on reports the company planned to temporarily halt production of some of its products as a result of waning consumer demand. Peloton still trades far below a level it once was able to hold as support.

Peloton is up 15% at $27.94 at publication time.

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