Who Might Buy Peloton? Apple? Amazon? Nike?
@MillionaireTiger:
Peloton Interactive Inc. — the early pandemic home-fitness darling that’s become a potential takeover target after a sharp plunge in its stock price — could find a challenging climate if it opts for a deal with a big technology company. What's happening: In late January, after declining nearly 24% in one day. Rumors of a possible Peloton acquisition sent the stock soaring 21% today. Rumor has it that companies like Amazon, Apple, and Nike all have an interest in purchasing Peloton. Peloton's epic collapse: The company's stock has dropped more than 80% since early 2021, erasing $40 billion in market value. Quick rewind: Plenty of firms clearly smell a deal. Peloton's shares have plunged mor