|Bid||117.85 x 1300|
|Ask||118.10 x 800|
|Day's Range||115.79 - 120.60|
|52 Week Range||62.50 - 171.09|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Fitness product company Peloton Interactive (NASDAQ: PTON) tends to elicit strong opinions among investors who either celebrate it as an innovative replacement for gym memberships or condemn it as another health fad like the Bowflex and Tae Bo from years past. For the naysayers, thinking of Peloton as the company that offers the "bike with an iPad strapped to it" is just not telling the whole story. At the same time, don't make the mistake of entirely dismissing the importance of Peloton's hardware.
Peloton (PTON) closed at $118.05 in the latest trading session, marking a -0.04% move from the prior day.
Health insurer UnitedHealth Group (NYSE: UNH) has announced that beginning Sept. 1 , approximately 4 million UnitedHealthcare commercial members will have free access to the Peloton Interactive (NASDAQ: PTON) App for either 12 months via the Peloton Digital Membership or for four months through the Peloton All-Access Membership. The offer applies to both new and existing Peloton members. This is the textbook definition of a winning partnership -- UnitedHealth Group, Peloton, and their customers all benefit in some aspect from the announcement.