Peloton Interactive quietly had its best week of 2021. The interactive fitness stock led the Nasdaq-100 on Friday and erased last month’s post-earnings sell-off.
Peloton stock (ticker: PTON) ended Friday up 6.8% to $114.39, marking its highest close since Aug. 25, the day before the company reported its quarterly earnings. The stock rose 16% this week, the most since the week ending on Dec. 24, though it is still down 25% year to date.
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