DJ Peloton Interactive Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Peloton Interactive Inc. $(PTON)$ rallied 3.05% to $9.79 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.77% to 20,034.89 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
The stock's rise snapped a two-day losing streak.
Peloton Interactive Inc. closed $0.80 short of its 52-week high ($10.59), which the company reached on December 6th.
The stock outperformed some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 0.52% to $246.49, Nike Inc. Cl B $(NKE)$ rose 2.75% to $78.85, and lululemon athletica inc. (LULU) rose 0.67% to $399.75.
Trading volume (10.3 M) remained 8.2 million below its 50-day average volume of 18.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 17:26 ET (22:26 GMT)
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