Shares of Peloton fell 7.19% to $146.46 at 13:13 EST on Tuesday, after two consecutive sessions in a row of losses. NASDAQ Composite is rising 1.01% to $13,129.38, after two sequential sessions in a row of losses. This seems, so far, an all-around positive trend trading session today.
News about Peloton today
Peloton, fiverr and chewy downgraded to sell at UBS. According to today’s article on MarketWatch, "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 today’s article on Business Insider, "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 today’s article on Business Insider, "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. ", "Peloton makes stationary bikes and treadmills that cost between $1,900 and $4,300, plus a $40 per month membership that includes classes and the ability to access Peloton content through an app. "
The company’s growth estimates for the current quarter and the next is 140% and 120%, respectively.
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 4.71%, a negative 0.12%, and a positive 1.05%, respectively.
Peloton’s last day, last week, and last month’s high and low average amplitude percentage was 5.62%, 5.83%, and 5.19%, respectively.