Stocks on the Move: Virgin Galactic on UBS initiation to buy; Peloton on new equipment announcement
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Yahoo Finance's On the Move panel discuss today's Stocks on the Move: Virgin Galactic and Peloton.
Video Transcript
JULIE HYMAN: Want to take a look at a couple of stocks that are trading higher today, bucking the downtrend. One of them is Virgin Galactic. Those shares rising more than 11%. UBS initiated coverage of the stock with a buy rating.
And then there's Peloton. Some new offerings are going to be coming from Peloton, including a bike that's going to cost more than its current offering and a treadmill that will cost next-- less, I should say. It's coming early next year. Those Peloton shares are up some 11%.
