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United States Peloton Interactive Inc. stock underperforms Thursday when compared to competitors
Shares of Peloton Interactive Inc. PTON plummeted 24.28% to $4.21 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.30% to 15,361.64 and the Dow Jones Industrial Average DJIA rising 0.97% to 38,519.84.
This was the stock's third consecutive day of losses.
Peloton Interactive Inc. closed $13.62 short of its 52-week high ($17.83), which the company reached on February 3rd.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. AAPL rose 1.33% to $186.86, Nike Inc. Cl B NKE rose 0.23% to $101.76, and lululemon athletica inc. LULU rose 1.79% to $461.94.
Trading volume (83.0 M) eclipsed its 50-day average volume of 12.9 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
