NASDAQ:PTON

Peloton Shares Pop on Small-Cap Index News, With Week Ahead Key for Support

Peloton Shares Pop on Small-Cap Index News, With Week Ahead Key for Support

Peloton shares jumped 10.23% to close at $5.71 Friday after S&P Dow Jones Indices said the stock will join the S&P SmallCap 600 before trading opens May 27. U.S. markets are closed Monday for Memorial Day. The move follows Peloton’s May 7 report of $26 million in net income and $151 million in free cash flow, but subscriptions continue to decline.
May 24, 2026

Stock Market Today

  • ASX 200 Rises on Miners and Banks but 8,800 Resistance Holds
    May 29, 2026, 8:37 PM EDT. The ASX 200 index ended the week higher, supported by strong gains in miners and banks alongside declining Australian bond yields. Key contributors included BHP (+2.91%), Newmont (NEM, +3.77%), Fortescue Metals (FMG, +2.43%), Rio Tinto (RIO, +2.43%), Commonwealth Bank (CBA, +2.24%), and Goodman Group (GMG, +2.92%). Miners and gold producers were the main drivers, aided by firmer copper prices and stronger bullion. However, the energy sector lagged as crude oil prices softened, and healthcare stocks like CSL and ResMed (RMD) declined. Market participants remain cautious as the index needs a weekly close above 8,800 points to confirm a sustained recovery.