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LULU / Peloton soars on back of Lululemon partnership

Peloton soars on back of Lululemon partnership
Peloton Interactive Inc (NASDAQ:PTON), the exercise bike maker, and Lululemon Athletica (NASDAQ:LULU), the sports clothing company, have joined forces in a five-year partnership that helped the former's share price lift over 13% in after-market trading. As part of the deal, Peloton's content will be integrated into Lululemon's exercise app and in turn the clothing retailer will become the fitness company's primary athletic apparel partner. Read More
Posted: Sep 28 2023, 08:42
Author Name: Proactive Investors
Views: 092192

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