Peloton shares are trading higher after the company and lululemon announced a five-year strategic global partnership.
Portfolio Pulse from Benzinga Newsdesk
Peloton and lululemon have announced a five-year strategic global partnership, leading to a rise in Peloton's share prices.
September 28, 2023 | 12:42 pm
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Peloton's shares are trading higher following the announcement of a strategic partnership with lululemon.
The announcement of a strategic partnership with lululemon is a positive development for Peloton, which is reflected in the rise of its share prices. This partnership could potentially lead to increased revenues and market share for Peloton in the future.
CONFIDENCE 90
IMPORTANCE 80
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