$PTON Tumbles To New Low

$PTON Tumbles To New Low

Good evening.

Stocks stumbled. Every major index tumbled more than -1.0%.

Every sector settled lower. Tech, healthcare and communications corrected more than -1.25%. Energy finished -0.06%.

*New 52-Week Highs led New Lows — 227 vs. 21.

The Best of the Best

Zeta Global Holdings ($ZETA) is the best of the best. The marketing technology software company carried +13.30% following a Morgan Stanley upgrade.

Here’s the daily chart.

And weakly chart.

$ZETA has 482 followers on Stocktwits.

Carpenter Technology ($CRS) is a notable new high. The specialty metals manufacturer marched +4.62% and closed at an all-time high.

Here’s the daily chart.

And monster 3-month chart.

$CRS has 430 followers on Stocktwits.

Grupo Aeroportuario Del Sureste ($ASR) is a notable new high. The Mexican airport developer advanced +2.02% and closed at an all-time high.

Here’s the daily chart.

And monster monthly chart.

$ASR has 184 followers on Stocktwits.

The Worst of the Worst

Lamb Weston ($LW) is the worst of the worst. The frozen potato producer plummeted -19.73% after missing earnings estimates and issuing lower than expected guidance.

Here’s the disastrous daily chart.

And weak weekly chart.

$LW has 874 followers on Stocktwits.

Peloton Interactive ($PTON) is a notable new low. The at-home fitness company rode -5.46% and closed at an all-time low.

Here’s the daily chart.

And weak weekly chart.

$PTON has 49,145 followers on Stocktwits.

Starbucks ($SBUX) is a notable new low. The coffee retailer retreated -1.22% and closed at its lowest level since November 2022.

Here’s the daily chart.

And weekly chart.

$SBUX has 109,003 followers on Stocktwits.

52-Week Highs

*We’d like to note, only 60 of the 227 New 52-Week Highs closed positive.

52-Week Lows

See the full sheet here.

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