Why Nike, Apple, Amazon, or Equinox should buy Peloton

Why Nike, Apple, Amazon, or Equinox should buy Peloton

Peloton is no longer riding high. Peloton shares closed just above $27 on Friday, a far cry from a high of $163 in December 2020. Apple is the most floated name, not least because Tim Cook sees health and wellness as his company’s largest legacy.