Peloton Gets a Big Boost From Lululemon
One of the key challenges (NASDAQ: PTON) has growing its streaming fitness business is reaching enough subscribers to achieve a profitable scale. This week, the company got some help from Lululemon (NASDAQ: LULU), which is shutting down its Mirror product and will include Peloton in membership subscriptions.
In this video, Travis Hoium covers why this partnership is a win for both companies and could create a blueprint for Peloton in the future.
*Stock prices used were end-of-day prices of Sept. 28, 2023. The video was published on Sept. 29, 2023.
Source Fool.com
Peloton Interactive Inc. Aktie
2,91 €
-1,47 %
Die Peloton Interactive Inc. Aktie ist leicht im Trend: Mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 7 € für Peloton Interactive Inc. impliziert eine potenzielle Verdopplung gegenüber dem aktuellen Kurs von 2.91 €.
