Peloton's stock dropped 11.2% as executives sold shares, raising investor concerns
From Yahoo Finance: 2025-06-24 10:21:00
Peloton Interactive, Inc. (NASDAQ:PTON) experienced an 11.2% drop in share prices last week, falling from $6.96 to $6.18. The company’s CFO and chief product officer sold a significant amount of their shares, totaling $716,081. This insider selling raised concerns among investors, despite a 71.5% reduction in net losses for Q3 FY2025.
Peloton’s revenues also declined, with a 13% drop in the last quarter and an 8% decrease over the nine-month period. While some see potential in PTON as an investment, others believe that other AI stocks offer better returns with less risk. For more information on AI stocks, check out our free report on the best short-term AI stock.
Read more at Yahoo Finance: Peloton Interactive (PTON) Declines 11.2% W/W as 2 Execs Unload Stake