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3 Potential Suitors for Peloton That Nobody Is Talking About


One of this week's hottest stocks is Peloton Interactive (NASDAQ: PTON). Shares of the premium home fitness specialist soared 21% on Monday and 25% on Tuesday. Monday's pop came after reports that Amazon.com (NASDAQ: AMZN) was one of the potential bidders considering making a buyout offer for the then spiraling Peloton. 

Tuesday's surge followed news of founder CEO John Foley stepping down as a larger part of a round of layoffs. The move suggests that Peloton is hoping that fresh leadership can get it back on track, but it's also going to make it that much easier for a hungry acquirer to scoop up the company if the price settles back down. 

All of the speculation is on how Peloton would be a good fit for Amazon, Apple (NASDAQ: AAPL), or Nike (NYSE: NKE). They all make sense, but let's take a look at some dark horses. Why can't Disney (NYSE: DIS), Tesla Motors (NASDAQ: TSLA), or Target (NYSE: TGT) step into the bidding circle here? One or more of those names probably has you scratching your head, so let's take a close look. 

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Source Fool.com

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