NEW YORK, Jan 28, 2020 (GLOBE NEWSWIRE via COMTEX) -- Value Line, Inc., /zigman2/quotes/208144895/composite VALU -3.92% has recently initiated IPO coverage of Peloton Interactive (PTON) stock.
The initial public offering (IPO) market remains active, with many high-profile companies listing on U.S. Exchanges. Value Line has been aggressively adding these stocks to our coverage universe, and we are continuing that trend with Peloton Interactive (PTON). The New York-headquartered corporation provides fitness products, notably the Peloton Bike, which include touchscreens that stream live and on-demand classes. The company completed its IPO last September 26 and the issue did not perform well initially. Investor sentiment greatly improved thereafter, and the stock price reached a high above $37 in early December. However, the equity suffered anew following public backlash over one of the company's television commercials. Both our initial report and continuous coverage are accessible to subscribers of The Value Line Investment Survey, Value Line Savvy Investor, and Value Line Pro Premium. For more information, financial analysis, and investment recommendations call 800-531-1425 (Professional Users & Libraries) or 800-VALUELINE (800-825-8354) (Individual Investors).
Value Line, Inc. is a leading New York based provider of investment research. The Value Line Investment Survey is one of the most widely used sources of independent equity investment research. Value Line also publishes a range of proprietary investment research in both print and digital formats including research in the areas of Mutual Funds, ETFs and Options. Value Line's acclaimed research also enables the Company to provide specialized products such as Value Line Select, Value Line Special Situations, Value Line Select: Dividend Income & Growth, Value Line Select: ETFs, and certain Value Line copyrights, distributed under agreements including certain proprietary ranking system information and other proprietary information used in third party products. Investment Advisory services are provided through its substantial non-voting interests in EULAV Asset Management, the investment advisor to The Value Line Family of Mutual Funds. Value Line's products are available to individual investors by mail, at www.valueline.com or by calling 1-800-VALUELINE or 1-800-825-8354, while institutional-level services for professional investors, advisers, corporate, academic, and municipal libraries are offered at www.ValueLinePro.com , www.ValueLineLibrary.com and by calling 1-800-531-1425.
Cautionary Statement Regarding Forward-Looking Information
This report contains statements that are predictive in nature, depend upon or refer to future events or conditions (including certain projections and business trends) accompanied by such phrases as "believe", "estimate", "expect", "anticipate", "will", "intend" and other similar or negative expressions, that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995, as amended. Actual results for Value Line, Inc. ("Value Line" or "the Company") may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to the following:
-- maintaining revenue from subscriptions for the Company's digital and print published products;
-- changes in market and economic conditions, including global financial issues;
-- protecting intellectual property rights;
-- dependence on non-voting revenues and non-voting profits interests in EULAV Asset Management, a Delaware statutory trust ("EAM" or "EAM Trust"), which serves as the investment advisor to the Value Line Funds and engages in related distribution, marketing and administrative services;
-- fluctuations in EAM's and third party copyright assets under management due to broadly based changes in the values of equity and debt securities, redemptions by investors and other factors;
-- possible changes in the valuation of EAM's intangible assets from time to time;
-- generating future revenues or collection of receivables from significant customers;
-- dependence on key personnel;
-- competition in the fields of publishing, copyright and investment management, along with associated effects on the level and structure of prices and fees, and the mix of services delivered;
-- the impact of government regulation on the Company's and EAM's businesses;
-- availability of free or low cost investment data through discount brokers or generally over the internet;
-- terrorist attacks, cyber attacks and natural disasters;
-- changes in prices of materials and other inputs required by the Company;
These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors which may involve external factors over which we may have no control or changes in our plans, strategies, objectives, expectations or intentions, which may happen at any time at our discretion, could also have material adverse effects on future results. Except as otherwise required to be disclosed in periodic reports required to be filed by public companies with the SEC pursuant to the SEC's rules, we have no duty to update these statements, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, current plans, anticipated actions, and future financial conditions and results may differ from those expressed in any forward-looking information contained herein.
Facebook | LinkedIn | Twitter
Complimentary Value Line(R) Reports on Dow 30 Stocks
Contact: Howard A. Brecher Value Line, Inc. 212-907-1500 Value Line Institutional Services 800-531-1425 firstname.lastname@example.org Value Line Retail 800-825-8354 email@example.com
(C) Copyright 2020 GlobeNewswire, Inc. All rights reserved.