The long-ailing at-home workout specialist announced a five-year partnership to develop fitness content for Lululemon. Peloton stock jumped.
Buyers lifted the Nasdaq composite and S&P 500 off lows even as the 10-year yield and the U.S. dollar rose again. Breadth was slightly positive on both exchanges. Fabrinet is showing strength and support after surging on earnings; Arista Networks reclaimed its 50-day moving average, while Halliburton is still in a buy zone from a 41.08 entry.
Peloton Goes All-In on Its New Strategy With Lululemon Partnership -- Could It Really Work?
Lululemon strikes deal with Peloton for fitness content
Lululemon-Peloton lawsuit shines light on challenges of proving design infringement
Wunder Train High-Rise Tight 25 – Peloton Apparel US
Watch Bloomberg Daybreak: Asia 09/28/2023 - Bloomberg
Gear
Peloton and Lululemon finally unlock a multi-million dollar opportunity - TheStreet
Peloton (PTON) Lululemon (LULU) Settle Patent Fight Over Athletic Wear - Bloomberg
Lululemon and Peloton End Their Feud - WSJ
