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Peloton's Stock Soars After Deal With Amazon

TheMotleyFool

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Peloton's Stock Soars After Deal With Amazon: https://g.foolcdn.com/editorial/images/697972/gettyimages-596568553.jpg

Peloton's (NASDAQ: PTON) sales had slowed dramatically as the economic reopening gained momentum. On August 24, it signed a deal with Amazon (NASDAQ: AMZN) to have its products sold on its platform in the U.S. In this video, I discuss the potential implications of that deal.

Stock prices used were the afternoon prices of August 24, 2022. The video was published on August 24, 2022.

Source Fool.com

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