Massive Sell-Offs: These 10 Stocks Shockingly Nosedived

8. Peloton Interactive, Inc. (NASDAQ:PTON)

Peloton Interactive dropped its share prices by 11.2 percent week-on-week, from $6.96 on June 13 to $6.18 last Friday, following two of its executives’ disposition of shares in the company.

In separate regulatory filings, Peloton Interactive, Inc. (NASDAQ:PTON) said its chief finance officer, Elizabeth Coddington, and chief product officer, Nick Caldwell, sold a significant chunk of their stakes last week.

Coddington, for her part, disposed of $269,322 worth of PTON stocks, covering 38,708 units at a price of $6.9578 apiece. Meanwhile, Caldwell sold worth $446,759, covering 63,925 shares at a price of $6.9888 apiece.

Investors typically view insider selling negatively, especially when a company states no reason for the sale.

In the third quarter of fiscal year 2025, Peloton Interactive, Inc. (NASDAQ:PTON) narrowed its net losses by 71.5 percent to $47.7 million from $167.3 million in the same period last year, pushing its nine-month losses down by 73 percent to $140.5 million from $521.4 million in the same comparable period.

Revenues for the last quarter declined by 13 percent to $624 million from $717.7 million year-on-year, while revenues for the nine-month period decreased by 8 percent to $1.883 billion from $2.056 billion.