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.

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Source Fool.com