What happened Shares of Peloton Interactive (NASDAQ: PTON) were up 16% as of 11:40 a.m. The company also announced a partnership with Dick's Sporting Goods to give more people firsthand experience with Peloton's connected fitness products. Now what For now, the biggest near-term catalyst for Peloton's stock price is an end to rising inflation, interest rates, and the U.S. dollar.