Peloton Interactive (NASDAQ:PTON) shares are trading higher as growth stocks rebound following a heavy selloff on Wednesday.
Peloton's stock is currently up 4.58% to a price of $92.45. Thursday the stock has been traded at a volume of 23.79 million, about 146.44% of its recent 30-day volume average of 16.25 million.
The moving average price of the stock over the past 50 days was $105.94 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $171.09 and as low as $38.8.
Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.