Peloton Interactive Inc. Stock Rises Thursday, Still Underperforms Market

Dow Jones11-08

DJ Peloton Interactive Inc. Stock Rises Thursday, Still Underperforms Market

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

Shares of Peloton Interactive Inc. $(PTON)$ advanced 1.13% to $8.02 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.51% to 19,269.46 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.

This was the stock's fourth consecutive day of gains.

Peloton Interactive Inc. closed $0.90 short of its 52-week high ($8.92), which the company reached on October 31st.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ rose 2.14% to $227.48, Nike Inc. Cl B $(NKE)$ rose 0.80% to $75.92, and lululemon athletica inc. (LULU) rose 0.69% to $315.30.

Trading volume (20.2 M) eclipsed its 50-day average volume of 17.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

November 07, 2024 17:30 ET (22:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment