|Bid||386.05 x 1100|
|Ask||386.64 x 800|
|Day's range||382.20 - 389.89|
|52-week range||277.50 - 406.94|
|Beta (5Y monthly)||1.39|
|PE ratio (TTM)||49.32|
|Earnings date||06 Dec 2023 - 11 Dec 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||431.91|
Peloton shares soared after Peloton announced a partnership with Lululemon; here's what you need to know.
(Bloomberg) -- Peloton Interactive Inc. shares rose as much as 11% Thursday after the company agreed to a deal with Lululemon Athletica Inc. to tap its online workouts and team up on apparel. Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo New Members‘Fortnite’ Maker Epic Games Is Cutting About 16% of StaffTop Chinese Scientist Claims India Moon Landing
Among winning stocks, Peloton Interactive (NASDAQ: PTON) got a lot of positive attention as the ailing interactive fitness equipment pioneer entered into what could be a lucrative partnership with a top athletic retailer. Elsewhere in retail, Chico's FAS (NYSE: CHS) was the big winner, as value investors in the private equity world appear to believe that prices have gotten so low that there are smart deals to be made. Shares of Peloton Interactive were up 5% at midday after having been higher by double-digit percentages earlier in the trading session.