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StockWatch: Amazon Eyes Peloton Takeover!

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Peloton has drawn interest from potential buyers including e-commerce giant Amazon.

The company has seen its shares slump in recent months, losing more than 80% of its value in the last year.

Also, market capitalization shrunk to about $8bn from a peak of nearly $52bn in early 2021.

Will this lifeline from Amazon come in time for the struggling company?

Timestamps:

  • PTON
  • AMZN

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