• Signal From Noise
Wed September 25, 2019

Peloton Interactive (PTON) shares are likely to be priced tonight, between $26 and $29 each, for a market cap of around $7.5 billion. The “connected fitness” firm is a fast growing and ambitious purveyor of gym equipment—with a twist. After buying their relatively expensive stationary...

Peloton IPO Offers Growth, Scarcity Value—For Now
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