Why These 5 Stocks Are Trending on Thursday

2. Peloton Interactive, Inc. (NASDAQ:PTON) has fallen by around 30% in the after market after the company reported a wider than expected loss. For its fiscal first quarter, the company lost $1.25 per share versus the expected $1.07 per share. Revenue was $805.2 million versus the $810.7 million expected. For the fiscal second quarter, Peloton Interactive, Inc. (NASDAQ:PTON) has a sales forecast of between $1.1 billion to $1.2 billion. Analysts had expected $1.5 billion for the period. Tiger Global Management LLC owned 8,826,164 shares of Peloton Interactive, Inc. (NASDAQ:PTON) at the end of June.