$PTON
Added 2023-09-29 15:40:43 +0000 UTCUp 20% since the news dropped that it was joining a partnership with $LULU which I think is a great fit for both companies.
I said that $PTON needed to collab with one large apparel company and we spoke about $NKE being a great fit here and I believe that $NKE has missed a trick here, considering how cheap $PTON is going for now....I believe this premium product would have fitted nicely in with $NKE but since it is certainly a premium product and $LULU demand a premium price (and receive it) that $PTON suits them even better.
These are two well known brands, both with cult following, a proper cohesion between both could be very beneficial.
$PTON has been beaten up but has now received a life line. So far the market has reacted warmly to this news....above $6.66 and this is back into the bull case...still a bit to go.
