NEW YORK, Jan. 28, 2020 (GLOBE NEWSWIRE) — Value Line, Inc., (NASDAQ: VALU) has recently initiated IPO coverage of Peloton Interactive (PTON) stock.
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. 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Other unknown or unpredictable factors which may involve external factors over which we may have no control or changes in our plans, strategies, objectives, expectations or intentions, which may happen at any time at our discretion, could also have material adverse effects on future results. Except as otherwise required to be disclosed in periodic reports required to be filed by public companies with the SEC pursuant to the SEC’s rules, we have no duty to update these statements, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, current plans, anticipated actions, and future financial conditions and results may differ from those expressed in any forward-looking information contained herein.www.valueline.com
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