DJ Peloton Interactive Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Peloton Interactive Inc. $(PTON)$ slid 3.60% to $8.58 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.06% to 19,298.76 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
The stock's fall snapped a five-day winning streak.
Peloton Interactive Inc. closed $0.37 below its 52-week high ($8.95), which the company achieved on November 8th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ fell 1.20% to $224.23, Nike Inc. Cl B $(NKE)$ rose 0.95% to $76.60, and lululemon athletica inc. (LULU) rose 3.22% to $318.46.
Trading volume (18.8 M) eclipsed its 50-day average volume of 17.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 17:30 ET (22:30 GMT)
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