Reports suggest) $Amazon (AMZN.US)$And $Nike (NKE.US)$Considering the acquisition of Peloton, on Monday $Peloton Interactive (PTON.US)$the stock price surged by 20%. An analyst also hinted that $Apple (AAPL.US)$it could be a potential acquirer.
Wedbush Securities analyst Dan Ives stated over the weekend, "We would be shocked if Apple does not actively participate in this potential trade."
Reasons for Amazon acquiring PTON:
Many news institutions have indicated that Amazon is interested in this. The online retailer has already started to increase the supply of health and wellness products, and in 2020 launched the wearable Halo fitness tracker.
However, Cowen analyst John Blackledge believes this could be an awkward match. He pointed out on Monday that Amazon "typically sells mass market products and services," while Peloton, an entry-level exercise bike priced at $1,495, is more of a "high-end" brand.
Reasons for Nike's acquisition:
According to the Financial Times, before Peloton went public in 2019, this clothing giant considered a takeover bid but ultimately decided not to proceed. Can we take another look now?...