Amazon reportedly circling exercise bike maker Peloton as company flounders
by Carly Olson and agencies from on (#5VT7B)
Peloton has struggled in recent months with lockdown over, negative press and cheaper models coming to the market
Peloton is drawing interest from potential suitors including Amazon, the Wall Street Journal reported on Friday, citing people familiar with the matter.
The at-home exercise bike maker's shares surged 40% in extended trading on Friday.
Continue reading...