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Peloton Interactive Inc. stock falls Thursday, underperforms market

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Terrence Horan

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Shares of Peloton Interactive Inc. PTON slumped 0.99% to $85.85 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.73% to 14,823.43 and the Dow Jones Industrial Average DJIA rising 1.56% to 34,912.56. The stock's fall snapped a two-day winning streak. Peloton Interactive Inc. closed $85.24 below its 52-week high ($171.09), which the company reached on January 14th.

The stock demonstrated a mixed performance when compared to some of its competitors...