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Explained: Peloton Circles The Drain
18 minutes Posted Feb 17, 2022 at 8:20 pm.
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Peloton, the struggling maker of overpriced exercise equipment for the  mistresses of Hedge Fund managers, is leaking rumors that Nike or Amazon want to buy it to prop up the stock long enough to get sold:

1. https://www.reuters.com/business/peloton-draws-interest-potential-suitors-including-amazon-wsj-2022-02-04/

2. https://www.theverge.com/2022/2/8/22923480/peloton-severance-package-membership-layoffs

https://www.marketexplainer.com