Peloton (PTON) shot up 15.5% after the company said it would sell 23.9 million shares at $46 apiece – a discount to the stock's Nov. 15 close at $47.49 – raising $1.07 billion for the at-home fitness company. Even with today's pop, PTON stock remains roughly 64% lower on a year-to-date basis. "American retailers racked up their best month since the rebates-led spike in March, suggesting inflation has yet to clamp down on purchasing power," says Sal Guatieri, senior economist at BMO Capital Markets.