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Value Line Initiates Analyst Coverage of Peloton Interactive (PTON)
NEW YORK, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) has recently initiated IPO coverage of Peloton Interactive (PTON) stock. The
About this update from Value Line, Inc.
[{"type":"text","content":"NEW YORK, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ: VALU) has recently initiated IPO coverage of Peloton Interactive (PTON) stock. \n The initial public offering (IPO) market remains active, with many high-profile companies listing on U.S. Exchanges. Value Line has been aggressively adding these stocks to our coverage universe, and we are continuing that trend with Peloton Interactive (PTON). The New York-headquartered corporation provides fitness products, notably the Peloton Bike, which include touchscreens that stream live and on-demand classes. The company completed its IPO last September 26th and the issue did not perform well initially. Investor sentiment greatly improved thereafter, and the stock price reached a high above $37 in early December. However, the equity suffered anew following public backlash over one of the company’s television commercials. Both our initial report and continuous coverage are accessible to subscribers of The Value Line Investment Survey, Value Line Savvy Investor, and Value Line Pro Premium. For more information, financial analysis, and investment recommendations call 800-531-1425 (Professional Users & Libraries) or 800-VALUELINE (800-825-8354) (Individual Investors). Value Line, Inc. is a leading New York based provider of investment research. The Value Line Investment Survey is one of the most widely used sources of independent equity investment research. Value Line also publishes a range of proprietary investment research in both print and digital formats including research in the areas of Mutual Funds, ETFs and Options. Value Line’s acclaimed research also enables the Company to provide specialized products such as Value Line Select, Value Line Special Situations, Value Line Select: Dividend Income & Growth, Value Line Select: ETFs, and certain Value Line copyrights, distributed under agreements including certain proprietary ranking system information and other proprietary information used in third party products. Investment Advisory services are provided through its substantial non-voting interests in EULAV Asset Management, the investment advisor to The Value Line Family of Mutual Funds. Value Line’s products are available to individual investors by mail, at www.valueline.com or by calling 1-800-VALUELINE or 1-800-825-8354, while institutional-level services for profes...