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2022-02-05

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Peloton Stock Shoots Nearly 30% Higher after Report of Amazon Acquisition Interest

Peloton stock shoots nearly 30% higher after report of Amazon acquisition interest.Peloton Interactive Inc.shares jumped more than 28% in after-hours trading Friday after a report that potential acquirers including Amazon.com Inc.are sizing up the exercise equipment maker.The Wall Street Journal reported Friday afternoon, citing "people familiar with the matter," that Amazon had hired advisers to discuss a potential deal for Peloton, which has seen a pandemic boom in sales dissipate and take its

Peloton Stock Shoots Nearly 30% Higher after Report of Amazon Acquisition Interest

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