Peloton Stock Surges As Treadmills Go Back On Sale. Will Gains Continue?

Peloton stock rallied by almost 7% in Tuesday’s trading after the company said that it would resume sales of its less expensive treadmill, called Tread, in the U.S., U.K., and Canada from August 30. Sales of the Tread, which began in the U.K. late last year, were halted this May due to a problem...