Yahoo Finance Live’s Brian Sozzi discusses a Jefferies analyst’s valuation on Amazon shares as well as his own take on why the stock may be oversold.
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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.