Shares of Peloton Interactive Inc.
PTON,
rallied 4.75% to $87.74 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP,
rising 1.05% to 14,654.02 and the Dow Jones Industrial Average
DJIA,
rising 0.98% to 34,754.94. This was the stock’s third consecutive day of gains. Peloton Interactive Inc. closed $83.35 below its 52-week high ($171.09), which the company reached on January 14th.
The stock outperformed some of its competitors Thursday, as Nautilus Inc.
NLS,
rose 3.76% to $9.66, Planet Fitness Inc. Cl A
PLNT,
fell 0.45% to $79.71, and Nike Inc. Cl B
NKE,
rose 2.05% to $151.85. Trading volume (8.8 M) eclipsed its 50-day average volume of 7.3 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.
Read More: Peloton Interactive Inc. stock rises Thursday, outperforms market