Peloton Interactive Inc. Stock Falls 9.5%, Underperforms Competitors

Dow Jones
03-11

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Peloton Interactive Inc. slipped 9.5% to $5.62 on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 4.0% to 17,468.32 and Dow Jones Industrial Average falling 2.1% to 41,911.71.

This was the stock's sixth consecutive day of losses.

Peloton Interactive Inc. closed 48.4% below its 52-week high of $10.90, which the company achieved on December 17th.

The stock underperformed when compared to some of its competitors, as Apple Inc. fell 4.8% to $227.48, Nike Inc. Cl B fell 2.8% to $76.40, and lululemon athletica inc. fell 3.08% to $333.77.

Trading volume totaled 17.4 million, compared to the 50-day average of 14.3 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 10, 2025 16:32 ET (20:32 GMT)

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