Peloton Rises Modestly Amid Broad Market Gains

U.S. equity markets were broadly positive, with gains across the S&P 500, Dow Jones Industrial Average and Nasdaq. Prologis rose 1.71% to $116.48, marking its fifth consecutive day of gains, while Progressive advanced 1.04% to $246.95 for its fifth straight day. Pentair gained 1.02% to $110.76 and finished about 1.90% below its 52-week high of $112.91. Peloton rallied 1.23% to $8.67 on Monday for a fourth consecutive day of gains but was reported to have underperformed competitors on Wednesday.