Shares of Peloton Interactive Inc. PTON dropped 0.31% to $112.09 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.76% to 13,480.11 and the Dow Jones Industrial Average DJIA rising 0.52% to 33,153.21. The stock's fall snapped a two-day winning streak. Peloton Interactive Inc. closed $59.00 short of its 52-week high ($171.09), which the company reached on January 14th.
The stock underperformed when compared to some of its competitors Thursday, as Pool Corp. POOL rose 1.83% to $351.57, Brunswick Corp. BC rose 1.61% to $96.91, and YETI Holdings Inc. YETI rose 2.17% to $73.78. Trading volume (7.0 M) remained 1.1 million below its 50-day average volume of 8.0 M.