PTON & LULU Announce 5-Year Partnership & Ryan Cohen Named GME CEO

Peloton (PTON) and Lululemon (LULU) announce a five-year global partnership. LULU becomes the primary athletic apparel partner to PTON, and PTON becomes the exclusive digital content provider to LULU. Jenny Horne discusses this as LULU/PTON co-branded apparel will be available beginning October 11th. LULU is to discontinue the sales of their studio mirror by the end of the year. Jenny also talks about how Ryan Cohen has been named the CEO of GameStop (GME). He will not receive compensation for serving as GME CEO. Cohen has had 13% stake in GME since 2020. Tune in to find out more about the stock market today.