Why Peloton and Zillow Plunged Despite the Dow's Record Close

The stock market had another topsy-turvy day on Wednesday, with major market benchmarks getting pushed and pulled in both directions at various points. A couple of Nasdaq stocks, Peloton Interactive (NASDAQ: PTON) and Zillow Group (NASDAQ: Z) (NASDAQ: ZG), had a role to play in the index's decline. The Dow Jones Industrial Average (DJINDICES: ^DJI) climbed to all-time record highs, while the S&P 500 (SNPINDEX: ^GSPC) treaded water amid downward pressure from the tech stocks that make up such a large portion of the Nasdaq's constituency.