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Here's Why Investors Should Retain Peloton Stock Now
Peloton is also witnessing substantial progress in the turnaround of Precor, its fitness equipment subsidiary. Strong ...
Business Insider India3y
Peloton wants to make 'tens of millions' of bikes and treads - and says its recent acquisition will help it get there
The executive said Peloton's planned acquisition of fitness manufacturer Precor will allow the firm to ramp up production across the US. "As we invest in US manufacturing and getting ready to make ...
Business 2 Community16d
Peloton Net Worth: Pandemic Boom, Stock Crash & Ongoing Financial Woes
That year, Peloton also acquired fitness company Precor for $420 million to strengthen its US manufacturing capabilities. The company also invested $400 million into building Peloton Output Park ...
Business Insider India3y
How Peloton is leading the revolution in smart home gyms
To address the supply-chain concerns and maintain sales momentum, Peloton acquired the equipment manufacturer Precor for $420 million in December. The company has also said it's improving safety ...