Peloton's Stock Rides High on TikTok Partnership Amid Mixed Market Sentiments

Stock futures rose slightly after a strong December jobs report, with Peloton (PTON) shares increasing by 7% due to a new partnership with TikTok, while Sana Biotechnology (SANA) shares surged 13% following FDA clearance for a new drug study. Conversely, Medical Properties Trust (MPW) shares fell 22% after providing additional financial support to its largest tenant, Steward Health Care System. Voyager Therapeutics (VYGR) shares dropped 17% after announcing a public offering, and Applied Therapeutics (APLT) stock plummeted 30% due to mixed Phase 3 study results. Palantir Technologies (PLTR) shares declined nearly 4% after an analyst downgrade, citing overhyped AI expectations.
- Biggest stock movers today: Peloton, Medical Properties Trust, and more Seeking Alpha
- Peloton shares surge 15% as it partners with TikTok to offer short-form fitness classes, other content CNBC
- Peloton, QuantumScape, APA: Trending tickers Yahoo Canada Finance
- Peloton (PTON) Stock Is Still Spinning Its Wheels Despite TikTok Deal InvestorPlace
- Why Peloton's TikTok Rally Doesn't Fit The Information
Reading Insights
0
1
4 min
vs 5 min read
88%
836 → 100 words
Want the full story? Read the original article
Read on Seeking Alpha