NASDAQ Composite opens in less than four hours and Peloton’s pre-market value is already 1.77% up.
The last session, NASDAQ Composite ended with Peloton jumping 3.76% to $155.79. NASDAQ Composite jumped 1.97% to $13,457.25, after two consecutive sessions in a row of gains, on what was an all-around positive trend exchanging session.
Peloton’s last close was $150.14, 9.82% below its 52-week high of $171.09.
Year-on-year quarterly revenue growth grew by 232.4%, now sitting on 2.36B for the twelve trailing months.
Peloton’s last day, last week, and last month’s average volatility was a negative 5.11%, a negative 0.28%, and a positive 0.57%, respectively.
Peloton’s last day, last week, and last month’s high and low average amplitude percentage was 5.55%, 6.00%, and 5.25%, respectively.
Previous days news about Peloton
Peloton, fiverr and chewy downgraded to sell at UBS. According to MarketWatch on Tuesday, 19 January, "In a note on U.S. internet and interactive entertainment stocks, UBS downgraded Peloton Interactive , Fiverr International and Chewy to sell from neutral. "
Peloton, chewy, and fiverr show tech investors are overvaluing growth and ignoring price, UBS says. According to Business Insider on Tuesday, 19 January, "The UBS analysts continue to anticipate robust growth and improving profitability at Chewy, Fiverr, and Peloton over the next few years. "
Peloton is still experiencing issues delivering orders of new bikes and treadmills, and outraged customers are turning to social media to lodge frustrated complaints. According to Business Insider on Tuesday, 19 January, "A spokesperson for Peloton did not immediately respond to Insider’s request for comment on the delays.", "The shipping setbacks come after Peloton faced a different set of customer service issues last summer: customers reported that bike pedals were snapping off mid-ride, leaving their bikes broken and unusable while they waited for repairs that took weeks or even months. "
Used Peloton bikes are selling within hours, and the lack of inventory reportedly caused the company to wait to roll out its resale marketplace. According to Business Insider on Tuesday, 19 January, "Read more: 1.1 million users, 97% satisfaction, and $607 million in revenue: How Peloton mastered user engagement to become the Apple of fitness", "Of the nearly 120 results for Peloton bikes on eBay, most are listed at over $1,500, not much lower than the starting $1,895 price of the least expensive Peloton. "