Peloton Interactive Inc. Stock Sheds 6.6%, Underperforms Competitors

Dow Jones
03-04

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

Shares of Peloton Interactive Inc. shed 6.6% to $7.03 on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 2.6% to 18,350.19 and Dow Jones Industrial Average falling 1.5% to 43,191.24.

Peloton Interactive Inc. closed 35.5% below its 52-week high of $10.90, which the company reached on December 17th.

The stock underperformed when compared to some of its competitors, as Apple Inc. fell 1.6% to $238.03, Nike Inc. Cl B fell 0.8% to $78.41, and lululemon athletica inc. fell 4.87% to $347.81.

Trading volume totaled 13.0 million, compared to the 50-day average of 14.0 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 03, 2025 16:35 ET (21:35 GMT)

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