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Business

Riddhima Chakraborty

1 Stock That Has No Business Being in Your Portfolio

PTON Peloton Interactive Inc. UNH

Peloton Interactive, Inc. (PTON) operates as an interactive fitness platform in North America and internationally. It offers connected fitness products, which include touchscreen that streams live and on-demand classes. The company currently has more than 6.6 million members.

On September 22, 2022, PTON and UnitedHealthcare, part of UnitedHealth Group (UNH), expanded their partnership to help more people stay fit and active. With this collaboration, nearly 10 million UNH commercial members are expected to become eligible for a yearlong subscription to PTON, which should multiply the company’s consumer count.

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