Shares of Peloton Interactive Inc. PTON, -1.85% slid 1.85% to $7.94 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.11% falling 0.11% to 10,466.48 and Dow Jones Industrial Average DJIA, -0.22% falling 0.22% to 33,147.25. Peloton Interactive Inc. closed $32.41 short of its 52-week high ($40.35), which the company reached on February 8th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. AAPL, +0.25% rose 0.25% to $129.93, Nike Inc. Cl B NKE, -0.29% fell 0.29% to $117.01, and lululemon athletica inc. LULU, +1.12% rose 1.12% to $320.38. Trading volume (10.4 M) remained 2.3 million below its 50-day average volume of 12.8 M.