DJ Peloton Interactive Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Peloton Interactive Inc. $(PTON)$ slid 1.92% to $5.62 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 3.07% to 16,307.16 and Dow Jones Industrial Average falling 1.73% to 39,669.39.
The stock's fall snapped a three-day winning streak.
Peloton Interactive Inc. closed 48.42% below its 52-week high of $10.90, which the company reached on December 17th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 3.89% to $194.27, Nike Inc. Cl B $(NKE)$ fell 2.33% to $53.55, and lululemon athletica inc. (LULU) fell 2.45% to $249.37.
Trading volume (8.4 M) remained 7.8 million below its 50-day average volume of 16.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2025.
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(END) Dow Jones Newswires
April 16, 2025 17:31 ET (21:31 GMT)
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