Why Peloton Stock Was All Over the Charts Today
Shares of Peloton Interactive (NASDAQ: PTON) were sliding after an initial pop in response to news of layoffs and the departure of CEO Barry McCarthy gave way to selling in the regular trading session.
As a result, the stock closed down 2.5%, recovering most of its losses after it bottomed out down 16% around 11 a.m. ET. The stock had opened up as much as 18% higher as it initially rallied on the announcement.
Image source: Peloton.
Source Fool.com
Peloton Interactive Inc. Stock
€3.33
-1.380%
Currently there is a rather positive sentiment for Peloton Interactive Inc. with 9 Buy predictions and 5 Sell predictions.
With a target price of 7 € there is potential for a 110.21% increase which would mean more than doubling the current price of 3.33 € for Peloton Interactive Inc..
