Jen Van Santvoord rides her Peloton exercise bike at her home in San Anselmo, California.
Ezra Shaw | Getty Images
Peloton shares spiked Wednesday as the company announced a five-year partnership to develop digital fitness content for Lululemon.
The fitness company’s stock soared as much as 30% in extended trading.
Lululemon said it will stop selling the Studio Mirror device by the end of the year.
This is breaking news. Please check back for updates.
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A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The 2025 economy […]
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