Categories
main

What happened to $PTON today?

This morning, on investgoodseed.com, there was an increase in the search volume for $PTON, Peloton Interactive Inc.. What happened?

As a result of the home-fitness craze during COVID-19, $PTON is up 4.46% today. Wall Street giant, Goldman Sachs, believes Peloton Interactive Inc. isn’t stopping there, as 12-month price targets were elevated from $84 to $96. As their stock currently sits at $70.30, there is major upside investing in a company banking on the success of the home-fitness trend with momentum on their side.

According to the Robintrack graph, thousands of new Robinhood users jumped on $PTON as soon as the price jumped. Will Peloton Interactive Inc. ride the momentum and reach their lofty goals? Will they need COVID-19 to keep consumers inside their homes and unable to reach the local gyms? That much will become clear in the following weeks.

If you want to be emailed a list of stocks trending on the internet every day, sign up for Goodseed! You get a daily email of stocks that are exploding on the internet as well as access to the on-demand search volume tool where you can research any stock you’d like. You can even get 10 days for free.

Leave a Reply

Your email address will not be published. Required fields are marked *