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Is Peloton's Latest Deal Enough to Turn Around This Beaten-Down Stock?

TheMotleyFool

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Is Peloton's Latest Deal Enough to Turn Around This Beaten-Down Stock?: https://g.foolcdn.com/editorial/images/703339/shocked-surprised-person-adjusts-glasses-in-office.jpg

Connected-fitness company Peloton Interactive (NASDAQ: PTON) is releasing news at a torrid pace. It's hard to keep up with the updates regarding brick-and-mortar retail partnerships, business restructuring, and new exercise hardware.

But one news item stands out from this barrage. On Oct. 3, Peloton partnered with Hilton Worldwide Holdings (NYSE: HLT) to place Peloton bikes in all 5,400 Hilton-branded hotels.

This is the kind of deal the can help turn Peloton around fast. However, the devil is in the details -- details we don't have.

Source Fool.com

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