Peloton (PTON) Soars 18.8%: Is Further Upside Left in the Stock?

Peloton (PTON) shares soared 18.8% in the last trading session to close at $7.34. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.4% loss over the past four weeks. For Peloton, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on PTON going forward ...