Over 1 Year Ago
2 Min Read

PTON is down -5% today. Some more information:



Peloton Interactive Inc (PTON) is trading -5% lower at $9.755 today. Shares of the stock are floundering behind other names in the space on what is turning out to be a green day for the Consumer Discretionary sector.

  • Peloton Interactive's analyst estimate are being lowered because of inventory issues
  • Investigation notice from the Schall Law Firm

One likely catalyst for the move is the recent earnings call, just 8 days ago.

Peloton Interactive Inc has been trading between a 52-week high of $118.61 and a 52-week low of $8.22. The stock has a market cap of $294 Million.

Peloton is the leading interactive fitness platform in the world with a loyal community of more than 3.6 million Members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that encourage its Members to be the best versions of themselves.

Headlines


Peloton Interactive PT Lowered to $8 at UBS
Investing.com 09-02-22

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Peloton Interactive, Inc. with Losses of $100,000 to Contact the Firm
Business Wire 09-01-22

12-Month Price Target For Peloton Interactive Inc. (NASDAQ:PTON) Now Sits At $26.00
Marketing Sentinel 09-01-22

INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Peloton Interactive, Inc. with Losses of $100,000 to Contact the Firm
Business Wire 08-31-22

Why Peloton Interactive Is Rising Today
The Motley Fool 08-31-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Devilnutz2651 - 6 upvotes - source
PTON? They make those $2k laundry racks right?

the_sound_of_a_cork - 2 upvotes - source
There are not enough basic bitches to save PTON

UltimateTraders - 2 upvotes - source
I currently have $pton puts its an insane disaster I did some dd on 8/25

fscumeau - 2 upvotes - source
PTON green LMAO

fscumeau - 1 upvotes - source
lmao even PTON rallied 4% from its intra lows

TapRevolutionary1897 - 1 upvotes - source
PTON was just listed as a “all in buy”. What do you all think?

Zestyclose-Land941 - 1 upvotes - source
$PTON $CVNA $SNAP

TapRevolutionary1897 - 1 upvotes - source
Thank you PTON! Easy money

TapRevolutionary1897 - 1 upvotes - source
PTON is about to run again

OldTrillionaire - 1 upvotes - source
One time way back in the day a homeless kid from Denver saw that I was on an Earnings season tear and asked for advice. Made enough off PTON that he got off the streets long enough to shower and find a job. This isn’t that, it looks like