DJ Peloton Interactive Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Peloton Interactive Inc. $(PTON)$ shed 3.13% to $7.75 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 2.24% to 18,680.12 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
This was the stock's second consecutive day of losses.
Peloton Interactive Inc. closed $1.22 below its 52-week high ($8.97), which the company reached on November 11th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. $(AAPL)$ fell 1.41% to $225.00, Nike Inc. Cl B $(NKE)$ rose 1.29% to $76.66, and lululemon athletica inc. (LULU) fell 3.10% to $320.01.
Trading volume (15.0 M) remained 2.6 million below its 50-day average volume of 17.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 17:30 ET (22:30 GMT)
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