Why Investors Are Hating These 2 Nasdaq Stocks Wednesday
2023 has been a good year for the Nasdaq Composite (NASDAQINDEX: ^IXIC) so far, with the index having recovered a significant portion of its 2022 losses. However, it still has a long way to go before it can reach all-time highs once again. Unfortunately, the Nasdaq wasn't able to hold onto early gains on Wednesday, losing about a third of a percent shortly before noon ET.
A couple of Nasdaq stocks saw particularly sharp declines Wednesday morning that stemmed from bad news in their respective businesses. American Airlines Group (NASDAQ: AAL) warned that its first-quarter financial results likely wouldn't be as strong as most had hoped, while stock analysts noted some negative trends for connected fitness equipment provider Peloton Interactive (NASDAQ: PTON) that weighed heavily on the stock.
Shares of American Airlines Group were down 9% at midday. The airline posted an update on its first-quarter financial results that compared reasonably well to its previous expectations but nevertheless left investors wanting more.
Source Fool.com
Peloton Interactive Inc. Aktie
Die Community bevorzugt leicht Peloton Interactive Inc., mit etwas mehr Buy- (11) als Sell-Einschätzungen (3).
Ein prognostiziertes Kursziel von 6 € für Peloton Interactive Inc. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 4.39 €.
