DJ Peloton Interactive Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Peloton Interactive Inc. $(PTON)$ rallied 5.29% to $8.36 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.32% to 43,408.47 and the NASDAQ Composite Index falling 0.11% to 18,966.14.
This was the stock's second consecutive day of gains.
Peloton Interactive Inc. closed $0.61 short of its 52-week high ($8.97), which the company achieved on November 11th.
The stock outperformed some of its competitors Wednesday, as Apple Inc. $(AAPL)$ rose 0.32% to $229.00, Nike Inc. Cl B $(NKE)$ fell 0.74% to $73.36, and lululemon athletica inc. (LULU) rose 2.14% to $308.31.
Trading volume (16.0 M) remained 1.3 million below its 50-day average volume of 17.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 17:31 ET (22:31 GMT)
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