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Peloton Interactive Becomes Oversold (PTON)
Wednesday, September 13, 4:18 PM ET, by Market News Video Staff

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December 8th Options Now Available For Peloton Interactive (PTON)
Thursday, October 26, 11:47 AM ET, by Market News Video Staff

Investors in Peloton Interactive Inc (PTON) saw new options become available today, for the December ...

Investors Land PTON Even Lower Than Its Secondary Stock Offering

By Market News Video Staff, Thursday, November 18, 3:49 PM ET
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Looking back to 2 days ago, Peloton Interactive Inc (NASDAQ:PTON) priced a 23,913,043 share secondary stock offering at $46.00 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time. In trading on Thursday, bargain hunters could buy shares of PTON and achieve a cost basis even cheaper than those buyers, with shares changing hands as low as $45.90 per share.

Secondaries can often present buying opportunities for bullish investors interested in purchasing shares, because the sudden extra supply of stock tends to require that the offering be priced at an attractive discount to where the stock had previously been trading before the offering announcement. At last check, Peloton Interactive Inc shares are currently trading off about 7.8% on the day. The chart below shows the one year performance of PTON shares, versus its 200 day moving average:

Peloton Interactive Inc Chart

Looking at the chart above, PTON's low point in its 52 week range is $45.90 per share, with $171.09 as the 52 week high point — that compares with a last trade of $47.09.


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This Article's Word Cloud:   Buyers   Dividends   Free   Interactive   Looking   Offerings   PTON   Peloton   Recent   Report   Secondaries   Secondary   Start   Stock   Thursday   about   above   achieve   announcement   attractive   average   back   bargain   basis   because   been   before   below   bullish   buyers   buying   changing   chart   cheaper   check   company   compares   considerable   investment   last   offering   point   priced   share   shares   stock   that   trading   week   with
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