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Peloton is seeking minority investments to bolster its business

Peloton is seeking minority investments to bolster its business

The manufacturer of exercise bikes, Peloton, noticed a drop in shares after a period of high demand at the beginning of the pandemic. Photo: Jeenah Moon / Bloomberg News Peloton Interactive Inc. PTON 4.23% is investigating the sale of a significant minority stake, in a bid to bolster its business as shares of the once-hot …

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