Six companies were added to the Nasdaq 100 index last Friday. Home fitness company Peloton Interactive is one of them, having risen by 392% on the Nasdaq Exchange since the start of this year.
This surge is largely influenced by the change in workout routines that consumers have adopted since the start of the coronavirus pandemic. Peloton has done well to provide customers with a dedicated home fitness solution, with its products helping to secure a 16% jump in the last week alone.
Other companies that joined Peloton on the list include chip manufacturer Marvell Technologies, cloud cybersecurity firm Okta, and software developer Atlassian.
Companies that have been pushed out of the Nasdaq 100 in the past week include BioMarin Pharmaceutical, Citrix Systems, Expedia, Liberty Global, Take Two Interactive, and Ulta Beauty (ULTA).
