PTON Stock Alert: Why Are Peloton Shares Riding Lower Today
PTONPeloton(PTON) Investor Place·2024-08-15 01:36

Peloton (NASDAQ:PTON) stock is making a rather surprising move lower today. At the time of this writing, PTON stock is down more than 4% despite the company announcing a rather intriguing partnership with Google and Fitbit parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) to bring Peloton classes to Fitbit smartwatches.This partnership is aimed at improving the utility that Fitbit watches provide users. In addition to a number of other upgrades Alphabet announced during its Google event this week, providing users ...