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PTON Peloton potential takeover by Amazon ??
Peloton Interactive, Inc.
Long
PTON Peloton potential takeover by Amazon ??
By TopgOptions
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Updated
Feb 8, 2022
9
Cheer
Cheer
5
5
Feb 5, 2022
Amazon has reached out Peloton about a potential deal.
The Financial Times said Nike is also considering a bid.
Peloton's market value is around $8.1 billion, down from its high last year of 50bn.
Looking at the chart, PTON touched 3 times the buy area of 23usd and just bounced from that support.
My price target is 37usd.
Looking forward to read your opinion about it.
Feb 8, 2022
Trade closed: target reached
closet at the price target
amazon
buyout
Fundamental Analysis
Technical Indicators
nike
peloton
pton
ptonce
ptonshort
PTON-TRADE
takeover
Trend Analysis
TopgOptions
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