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Peloton Gets a Big Boost From Lululemon

TheMotleyFool 
0 0 30.09.23
Peloton Gets a Big Boost From Lululemon
 

One of the key challenges (NASDAQ: PTON) has growing its streaming fitness business is reaching enough subscribers to achieve a profitable scale. This week, the company got some help from Lululemon (NASDAQ: LULU), which is shutting down its Mirror product and will include Peloton in membership subscriptions. 

In this video, Travis Hoium covers why this partnership is a win for both companies and could create a blueprint for Peloton in the future. 

*Stock prices used were end-of-day prices of Sept. 28, 2023. The video was published on Sept. 29, 2023.

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Source Fool.com

Peloton Interactive Inc. Stock

€4.78
-1.040%
A loss of -1.040% shows a downward development for Peloton Interactive Inc..
Peloton Interactive Inc. is currently one of the favorites of our community with 10 Buy predictions and no Sell predictions.
As a result the target price of 9 € shows a very positive potential of 88.28% compared to the current price of 4.78 € for Peloton Interactive Inc..
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