DJ Peloton Interactive Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Peloton Interactive Inc. $(PTON)$ slipped 1.14% to $6.95 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.35% to 18,285.16 and Dow Jones Industrial Average falling 1.55% to 42,520.99.
This was the stock's second consecutive day of losses.
Peloton Interactive Inc. closed 36.21% short of its 52-week high of $10.90, which the company reached on December 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc. $(AAPL)$ fell 0.88% to $235.93, Nike Inc. Cl B $(NKE)$ fell 1.39% to $77.32, and lululemon athletica inc. (LULU) fell 0.72% to $345.29.
Trading volume (15.1 M) eclipsed its 50-day average volume of 13.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 4, 2025.
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(END) Dow Jones Newswires
March 04, 2025 17:28 ET (22:28 GMT)
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