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
€3.27
-0.550%
Based on 9 Buy predictions and 10 Sell predictions the sentiment towards Peloton Interactive Inc. is rather balanced.
However, we have a potential of 22.34% for Peloton Interactive Inc. as the target price of 4 € is above the current price of 3.27 €.
