Over 1 Year Ago
1 Min Read

PTON is on the move - up 5%. Let's take a look:



Shares of Peloton Interactive Inc (PTON) are trading 5% higher at a price of $9.135 at the time of this writing. The stock is outpacing peers on a bright day for the Consumer Discretionary sector.

  • Updated SEC filing on the status of a Consumer Product Safety Commission investigation into the Tread+ product.

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 $275 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 warns on impact from Tread+ CPSC investigation (NASDAQ:PTON)
Seeking Alpha 09-07-22

The Peloton Interactive Inc. (PTON) had a good session last reading, didn’t it?
US Post News 09-06-22

Breakingviews - Lululemon stretches inventory logic
Reuters 09-02-22

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


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™:

dingolfi79 - 5 upvotes - source
Looks quite similar to mine until I bought BBBY FUBO PTON options.

VisualMod - 5 upvotes - source
>PELOTON- IN AUGUST, GOT NOTICE FROM CPSC THAT AGENCY STAFF BELIEVES COMPANY FAILED TO MEET STATUTORY OBLIGATIONS UNDER THE CONSUMER PRODUCT SAFETY ACT \>PELOTON - GOT NOTICE THAT CPSC AGENCY STAFF INTENDS TO RECOMMEND THAT CPSC IMPOSE CIVIL MONETARY PENALTIES $PTON ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-09-07 ^06:31:52 ^EDT-0400

dotslash00 - 4 upvotes - source
Are people going to sell their dusty PTON bikes for PTON shares?

lazyhobbit1980 - 4 upvotes - source
Apple to announce a car, buying PTON, even bigger push into gaming and gambling - that would be awesome.

Happy_Fly_7691 - 1 upvotes - source
Time for $PTON to fit gennys to their bikes.