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Peloton stock is up 5% at the moment. There probably won't be an impact on PTON until Apple starts selling stationary cycles.
by joezydeco 6y ago
Peloton stock is up 5% at the moment.
There probably won't be an impact on PTON until Apple starts selling stationary cycles.
- slg 6y agoThey were already up on the day. They dropped 5% at the announcement and then quickly gained half of that back. Still I would expect a bigger longer term drop in their business with Apple now as a more direct competitor.