Shares of Peloton Interactive Inc. PTON, -9.48% slipped 9.48% to $8.69 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.33% rising 0.33% to 34,509.03 and the NASDAQ Composite Index COMP, -0.18% falling 0.18% to 14,113.70.
The stock’s fall snapped a five-day winning streak.
Peloton Interactive Inc. closed $9.14 short of its 52-week high ($17.83), which the company achieved on February 3rd.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. AAPL, +0.08% rose 0.08% to $190.69, Nike Inc. Cl B NKE, +0.10% rose 0.10% to $107.95, and lululemon athletica inc. LULU, +0.23% rose 0.23% to $380.41.
Trading volume (10.5 M) remained 1.2 million below its 50-day average volume of 11.7 M.