Apple Plans Virtual Fitness Classes to Take on Peloton

It's no secret that Peloton Interactive (NASDAQ: PTON) has been one of the big winners from the lockdowns and the emerging stay-at-home economy. The maker of interactive fitness products and virtual exercise classes has seen its stock soar 130% so far in 2020, as consumers seek healthier lifestyles and additional exercise during the pandemic.

Now it appears Apple (NASDAQ: AAPL) wants a piece of the action.

Image source: Peloton.

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Source Fool.com