DJ Peloton Interactive Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Peloton Interactive Inc. $(PTON)$ shed 1.90% to $6.21 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.70% to 18,196.22 and the Dow Jones Industrial Average rising 0.52% to 42,801.72.
This was the stock's fifth consecutive day of losses.
Peloton Interactive Inc. closed 43.00% 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 Friday, as Apple Inc. $(AAPL)$ rose 1.59% to $239.07, Nike Inc. Cl B $(NKE)$ rose 1.13% to $78.59, and lululemon athletica inc. (LULU) fell 1.03% to $344.36.
Trading volume (22.4 M) eclipsed its 50-day average volume of 14.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2025.
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(END) Dow Jones Newswires
March 07, 2025 17:30 ET (22:30 GMT)
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