¡Hola amígos! We hope you’re all having a terrific Tuesday, and enjoying yourself as the year rounds down. 0:05- Maybe you won’t have to wait 6 months for a Peloton anymore After the market closed yesterday evening, Peloton announced that they were acquiring fitness manufacturer Precor in a deal worth $420M. This deal, which will become official in 2021, allows Pelton to utilize Precor’s 625k sq. ft. of manufacturing space to help handle demand. Investors were stoked about the opportunities with this deal, and the stock was up over 9% after hours.
⏱Apple is making what?
⏱Apple is making what?
⏱Apple is making what?
¡Hola amígos! We hope you’re all having a terrific Tuesday, and enjoying yourself as the year rounds down. 0:05- Maybe you won’t have to wait 6 months for a Peloton anymore After the market closed yesterday evening, Peloton announced that they were acquiring fitness manufacturer Precor in a deal worth $420M. This deal, which will become official in 2021, allows Pelton to utilize Precor’s 625k sq. ft. of manufacturing space to help handle demand. Investors were stoked about the opportunities with this deal, and the stock was up over 9% after hours.