Shares of Peloton Interactive Inc. PTON, -4.63% slid 4.63% to $7.00 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.86% rising 0.86% to 10,952.61 and the Dow Jones Industrial Average DJIA, +1.34% rising 1.34% to 31,499.62. This was the stock’s second consecutive day of losses. Peloton Interactive Inc. closed $92.36 below its 52-week high ($99.36), which the company achieved on October 26th.
The stock underperformed when compared to some of its competitors Monday, as Nautilus Inc. NLS, remained unchanged, Planet Fitness Inc. Cl A PLNT, -0.50% fell 0.50% to $57.52, and Nike Inc. Cl B NKE, -0.55% fell 0.55% to $88.01. Trading volume (14.1 M) remained 3.4 million below its 50-day average volume of 17.5 M.