Peloton Interactive (PTON) stock skyrocketed in Thursday trading, rising by just below 40% after reporting narrower-than-expected losses in the company's fiscal fourth quarter results.

The exercise equipment brand also boasts consistent subscriber growth and upward momentum in gains of refurbished products.

Julie Hyman and Josh Lipton comment on Peloton's stock price surge.

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This post was written by Luke Carberry Mogan.