Unlike WeWork, Peloton seems to have found strong demand for its offering. The fitness equipment maker is set to begin trading on Thursday.
Peloton has priced its public offering. The maker of connected fitness equipment will go public at $29 a share. The offering will raise $1.3 billion for the company and give it a market capitalization of $8.2 billion. Peloton's stock is expected to begin trading Thursday under the ticker symbol PTON. Visit Business Insider's homepage for more stories. Fitness equipment maker Peloton found a healthy demand for its initial public offering.
Peloton has priced its public offering. The maker of connected fitness equipment will go public at $29 a share. The offering will raise $1.3 billion for the company and give it a market capitalization of $8.2 billion. Peloton's stock is expected to begin trading Thursday under the ticker symbol PTON. Visit Business Insider's homepage for more stories. Fitness equipment maker Peloton found a healthy demand for its initial public offering.
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