The leisure and entertainment industry is going through massive disruptions right now, with the coronavirus pandemic crushing companies that rely on offering live entertainment options. For Disney (NYSE: DIS), several major business segments have come nearly to a standstill, given the health risks involved in bringing together large numbers of people. By contrast, Peloton Interactive (NASDAQ: PTON) has found itself at the right place at the right time, capitalizing on the fact that many exercise devotees can no longer visit gyms and health clubs and are instead having to find fitness alternatives at home.
For investors, Peloton has climbed substantially since its recent IPO, while Disney's stock has been under considerable pressure over the past year. Let's look more closely at these two stocks to see which one has the better prospects going forward.
Disney and Peloton have seen their shares go in opposite directions recently. Since the treadmill and exercise bicycle specialist cam public in late September 2019, Peloton has seen its stock soar almost 90%. For Disney, the last eight months have been a lot less kind, and shareholders have seen their stock lose nearly 20% of its value.
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