Peloton (PTON) – Get Report, the connected-fitness company that’s been a darling stock during the coronavirus pandemic, rose Tuesday as it said it formed a health-and-wellness advisory council.
The council “will work closely with the company as it continues to look at how it can positively impact the physical, mental and emotional well-being of its community of members,” the company said.
“Peloton will collaborate with the council, which includes five renowned doctors, researchers and other medical professionals from the fields of cardiovascular medicine, cardiopulmonary exercise, neurology and neuroscience, and draw on their knowledge and expertise to help inform product and content development, community-focused and social impact initiatives, research projects and more.”
Peloton shares recently traded at $82.43, up 7.5%. They have nearly tripled year to date.
Peloton’s exercise bikes and online fitness programs have proven hugely popular during the pandemic, as gyms have been closed and people