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