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Benzinga

Business

Shanthi Rexaline

Does A Potential Peloton Acquisition Make Strategic Sense For Apple?

Apple Peloton APPL Nasdaq Daniel Ives PTON

Rumors of a potential sale of Peloton Interactive, Inc. (NASDAQ:PTON) have been flying thick and fast following reports of fundamental issues at the at-home fitness brand.

While Amazon, Inc. (NASDAQ:AMZN) and Nike, Inc. (NYSE:NKE) are being talked of as potential suitors, an analyst at Wedbush said Apple, Inc. (NASDAQ:APPL) could also join the race for Peloton.

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