Peloton Interactive Inc. Stock Falls 6.5%, Underperforms Competitors

Dow Jones
03-18

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

Shares of Peloton Interactive Inc. slid 6.5% to $6.59 on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.3% to 17,808.66 and the Dow Jones Industrial Average rising 0.9% to 41,841.63.

Peloton Interactive Inc. closed 39.5% short of 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. rose 0.2% to $214.00, Nike Inc. Cl B rose 2.8% to $73.70, and lululemon athletica inc. rose 5.16% to $327.09.

Trading volume totaled 14.2 million, compared to the 50-day average of 15.2 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 17, 2025 16:33 ET (20:33 GMT)

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