Peloton Interactive Inc. stock outperforms competitors on strong trading day

Peloton Interactive Inc. stock outperforms competitors on strong trading day

Shares of Peloton Interactive Inc. PTON, +0.88% inched 0.88% higher to $10.28 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.46% rising 0.46% to 31,656.42 and the NASDAQ Composite Index COMP, -0.26% falling 0.26% to 11,785.13. This was the stock’s second consecutive day of gains. Peloton Interactive Inc. closed $108.33 short of its 52-week high ($118.61), which the company reached on September 10th.

The stock outperformed some of its competitors Thursday, as Nautilus Inc. NLS, -3.47% fell 3.47% to $1.95, Planet Fitness Inc. Cl A PLNT, -2.94% fell 2.94% to $65.76, and Nike Inc. Cl B NKE, +0.04% rose 0.04% to $106.49. Trading volume (11.7 M) remained 3.8 million below its 50-day average volume of 15.5 M.

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