DJ Peloton Interactive Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Peloton Interactive Inc. $(PTON)$ slid 2.19% to $7.58 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.60% to 18,791.81 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
This was the stock's third consecutive day of losses.
Peloton Interactive Inc. closed $1.39 short of its 52-week high ($8.97), which the company achieved on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 1.34% to $228.02, Nike Inc. Cl B $(NKE)$ fell 2.31% to $74.89, and lululemon athletica inc. (LULU) fell 3.27% to $309.53.
Trading volume (13.9 M) remained 3.4 million below its 50-day average volume of 17.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 17:30 ET (22:30 GMT)
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