New Zealand markets close in 2 hours 25 minutes
  • NZX 50

    11,612.30
    -29.55 (-0.25%)
     
  • NZD/USD

    0.6429
    +0.0014 (+0.23%)
     
  • NZD/EUR

    0.6083
    +0.0001 (+0.01%)
     
  • ALL ORDS

    7,522.90
    +19.40 (+0.26%)
     
  • ASX 200

    7,324.90
    +23.40 (+0.32%)
     
  • OIL

    81.77
    +1.79 (+2.24%)
     
  • GOLD

    1,817.30
    +7.70 (+0.43%)
     
  • NASDAQ

    11,994.26
    -47.64 (-0.40%)
     
  • FTSE

    7,556.23
    -2.26 (-0.03%)
     
  • Dow Jones

    34,429.88
    +34.88 (+0.10%)
     
  • DAX

    14,529.39
    +39.09 (+0.27%)
     
  • Hang Seng

    19,221.68
    +546.33 (+2.93%)
     
  • NIKKEI 225

    27,772.00
    -5.90 (-0.02%)
     
  • NZD/JPY

    86.3060
    +0.1800 (+0.21%)
     

Peloton's Latest Partnership: What Growth Investors Need to Know

Peloton's Latest Partnership: What Growth Investors Need to Know

Home exercise company Peloton Interactive (NASDAQ: PTON) will sell equipment in Dick's Sporting Goods (NYSE: DKS) locations later this year, marking the company's first partnership with a brick-and-mortar retailer. This news comes about a month after Peloton similarly partnered with e-commerce giant Amazon, moving away from its direct-to-consumer (DTC) business model for the first time. Growth investors may be excited by these announcements.