BODY - Peloton and Beachbody rally as at-home fitness trade falls back in favor
Peloton Interactive (NASDAQ:PTON) gained more than 2.3% on the day as more states and jurisdictions moved to add new mask rules due to local hospitalization rates. At-home fitness player Beachbody Company (NYSE:BODY) jumped 5.57% and Nautilus (NYSE:NLS) was up 0.57%. In New York City, Mayor Bill De Blasio is strongly recommending that people in the city wear masks even if vaccinated. That is mainly to stop the spread of the Delta variant of COVID-19 to the unvaccinated, with the percentage of the fully vaccinated individuals needing hospitalizations standing at less than 0.004%, per CDC data. In the gym sector, Planet Fitness (NYSE:PLNT) fell 1.2% on the day and Xponential Fitness (NYSE:XPOF) was off 1.0%. Read how Peloton might be considered a Metaverse stock in the future.
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Peloton and Beachbody rally as at-home fitness trade falls back in favor