Peloton Stock Ipo
The rewards of investing in growth stocks.
Peloton stock ipo. Peloton s ipo highlights the long awaited ipo of peloton has finally arrived. Shares closed down 11 2 thursday to 25 76 suggesting the peloton s ipo price might have been too aggressive for the first wave of public investors. Here s how much money you d have if you had bought the stock at its initial public offering ipo price on sept. The opening trade was 27 per share below its ipo pricing of 29 per share which.
Peloton stock is well clear of its 50 day moving average marketsmith analysis shows. Shares climbed 3 5 to 54 88 on the stock market today after hitting 56 60 intraday. Shares of peloton tumbled 11 in the company s market debut thursday giving it a market value of 7 2 billion. The ipo stock is up more than 90 so far in 2020 alone.
Cowen analyst john blackledge. Cowen said tuesday that peloton stock is its best small cap and midcap idea. Here s a look at what has happened and where the company goes from here.