DJ Peloton Interactive Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Peloton Interactive Inc. $(PTON)$ slipped 1.41% to $8.37 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.36% to 19,523.40 and Dow Jones Industrial Average falling 0.99% to 44,303.40.
The stock's fall snapped a two-day winning streak.
Peloton Interactive Inc. closed 23.18% below its 52-week high of $10.90, which the company achieved on December 17th.
Despite its losses, the stock outperformed some of its competitors Friday, as Apple Inc. $(AAPL)$ fell 2.40% to $227.63, Nike Inc. Cl B $(NKE)$ fell 4.27% to $68.68, and lululemon athletica inc. (LULU) fell 3.33% to $398.10.
Trading volume (25.3 M) eclipsed its 50-day average volume of 12.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 7, 2025.
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February 07, 2025 17:30 ET (22:30 GMT)
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