Allegheny Technologies Inc
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Materials : Metals & Mining | Small Cap Blend
Company profile

Allegheny Technologies Incorporated is a manufacturer of specialty materials and complex components. The Company operates through two business segments: High Performance Materials & Components (HPMC), and Flat Rolled Products (FRP). The HPMC segment produces, converts and distributes a range of materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, zirconium and related alloys, including hafnium and niobium, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, plus precision forgings, components and machined parts. The FRP segment produces, converts and distributes stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys, in a range of product forms, including plate, sheet, engineered strip, and Precision Rolled Strip products.

Price
Delayed
$9.41
Day's Change
0.40 (4.44%)
Bid
--
Ask
--
B/A Size
--
Day's High
9.50
Day's Low
8.83
Volume
(Average)

Today's volume of 992,116 shares is on pace to be in-line with ATI's 10-day average volume of 1,518,409 shares.

992,116

UPDATE: Peloton reduces price of signature exercise bike, introduces fancier bike and lower-cost treadmill

11:27 am ET September 8, 2020 (MarketWatch)
Print

Peloton Interactive Inc. (PTON) lowered the price of its original exercise bike Tuesday while introducing an even more premium option and rolling out a new lower-priced treadmill. Shares are up 10% in Tuesday's session. The company said it would be reducing the price of its Peloton Bike to $1,895 beginning on Sept. 9, down from a prior price of $2,245. Peloton's new Bike+ will cost $2,495 and will feature a rotating tablet screen that will more easily allow people to engage in Peloton's bike workouts and floor-based workouts. The bike also will be able to sync up with a user's Apple Watch to allow for consistency between metrics. Those with the original Peloton Bike can trade in their older model and receive a $700 credit toward the Bike+ and a yoga and accessories package. Peloton also announced that it will offer a cheaper treadmill beginning in early 2021 that will be priced at $2,495. Peloton's existing treadmill, which will be renamed the Tread+, sells for $4,295. Peloton shares have climbed 98% over the past three months as the S&P 500 has risen 4%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 08, 2020 11:27 ET (15:27 GMT)

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