DJ Peloton Interactive Inc. Stock Rises Thursday, Still Underperforms Market
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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.
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(END) Dow Jones Newswires
November 07, 2024 17:30 ET (22:30 GMT)
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