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Peloton's stock price has skyrocketed with Amazon as its partner, and this has also led to Peloton's fitness equipment being sold on the Amazon US store.
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Peloton stock fell by as much as 60% due to the pandemic, slowing investor response
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Partnering with Amazon has jumped 20% in stock price
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Polten has benefited greatly from its partnership with Amazon to increase its customer base and investors
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The fitness equipment will also be available exclusively on the Amazon e-commerce store in addition to Peloton's e-commerce site
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The company has served about 7 million members in the last quarter.
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Peloton stock price could go up 85.46% according to JMP analyst
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Peloton stock has also increased exposure to the best-performing portfolio in the last 30 days
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Gains in Peloton stock offset slowdown in revenue growth by regaining investor confidence