DJ Peloton Interactive Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Peloton Interactive Inc. $(PTON)$ shed 0.10% to $10.00 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.62% to 19,736.69 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
The stock's fall snapped a two-day winning streak.
Peloton Interactive Inc. closed $0.59 below its 52-week high ($10.59), which the company achieved on December 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 1.61% to $246.75, Nike Inc. Cl B $(NKE)$ fell 1.58% to $77.64, and lululemon athletica inc. (LULU) rose 1.30% to $404.79.
Trading volume (11.1 M) remained 7.3 million below its 50-day average volume of 18.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:30 ET (22:30 GMT)
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