PTON & LULU Partnership: Gauging Investor Sentiment In Athleisure

Lululemon (LULU) has become the primary athletic apparel partner to Peloton (PTON). Caleb Silver discusses this new partnership. The LULU app has 13M subscribers, PTON has 7M subscribers, and PTON content is now available on LULU’s mirror. Mirror subscribers pay $39 /month and LULU is to discontinue the $12.99 option. Telsey Advisory Group reiterates a market perform on PTON with a $6 price target. PTON fell to an all-time low on Monday. Caleb then gauges investor sentiment in the athleisure space. Tune in to find out more about the stock market today.