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BUZZ-Peloton jumps after appointing ex-Apple exec as CEO

Reuters10-31

** Shares of Peloton Interactive up 9% at $7 premarket

** Co appoints former Apple executive Peter Stern as CEO and president, effective Jan. 1

** PTON's Q1 revenue falls 2% to $595.5 mln due to lower demand for its fitness equipment

** Stock up 9% YTD

(Reporting by Anshuman Tripathy in Bengaluru)

((Anshuman.Tripathy@thomsonreuters.com;))

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