(VIANEWS) – Shares of Peloton (NASDAQ: PTON) slid by a staggering 18.3% in 5 sessions from $8.94 at -18.3, to $7.30 at 11:27 EST on Friday, after five sequential sessions in a row of losses. NASDAQ is dropping 0.98% to $13,497.05, following the last session’s upward trend.
Peloton’s last close was $7.53, 57.77% below its 52-week high of $17.83.
About Peloton
Peloton Interactive, Inc. operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, and Peloton Tread+ names. It also provides connected fitness subscriptions for various household users, and access to various live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes. As of June 30, 2022, it had approximately 6.9 million members. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com. Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, Peloton has a trailing twelve months EPS of $-6.25.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -279.85%.
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