Market Slump Drags Down Share Prices of These 15 Companies

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5. Peloton Interactive Inc. (PTON)

Fitness technology company Peloton Interactive saw an 8.57-percent decline in its share price on Friday to finish at $9.39 apiece as investors resorted to profit-taking following Thursday’s gains.

In addition, analysts blamed the overall market downturn as having weighed down on its shares, while investors remained in a wait-and-see mode after the company nearly swung to profitability in its recent earnings report, having narrowed its net loss by 99.44 percent.

Earlier this year, Peloton earned an Altman Z-Score of -1.56, indicating that it is in Distress Zones and could face the probability of bankruptcy over the next two years.

A score of 3 or more shows that the company is performing fairly well.

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