DJ Peloton Interactive Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Peloton Interactive Inc. $(PTON)$ rose 1.63% to $9.38 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.03% to 19,572.60 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a two-day losing streak.
Peloton Interactive Inc. closed $1.52 short of its 52-week high ($10.90), which the company reached on December 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. $(AAPL)$ rose 1.88% to $254.49, Nike Inc. Cl B $(NKE)$ fell 0.21% to $76.94, and lululemon athletica inc. (LULU) rose 1.57% to $379.42.
Trading volume (13.4 M) remained 5.4 million below its 50-day average volume of 18.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 17:37 ET (22:37 GMT)
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