Tiffany Ap / Quartz
Why Nike, Apple, Amazon, or Equinox should buy Peloton – Pelotons affluent and cult-like fan base make it an acquisition target. Peloton is no longer riding high. The fitness companys stock was pummeled after news broke last week that it would temporarily halt production as demand softened for its stationary bikes. Peloton shares closed just above $27 on Friday, a …