Is Peloton a Perfect Buyout Target?
Reports are swirling that private equity buyers are circling (NASDAQ: PTON) and the stock reacted positively to the news. In this video, Travis Hoium shows why this may be a good buyout target and being private could be good for the company's turnaround.
*Stock prices used were end-of-day prices of May 7, 2024. The video was published on May 8, 2024.
Source Fool.com