DJ Peloton Interactive Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Peloton Interactive Inc. $(PTON)$ slipped 2.79% to $6.62 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.72% to 19,146.81 and the Dow Jones Industrial Average falling 0.21% to 42,051.06.
The stock's fall snapped a two-day winning streak.
Peloton Interactive Inc. closed 39.24% short of its 52-week high of $10.90, which the company achieved on December 17th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 0.28% to $212.33, Nike Inc. Cl B $(NKE)$ fell 1.06% to $61.73, and lululemon athletica inc. (LULU) rose 1.68% to $315.84.
Trading volume (13.1 M) remained 1.3 million below its 50-day average volume of 14.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 14, 2025.
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(END) Dow Jones Newswires
May 14, 2025 17:30 ET (21:30 GMT)
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