Peloton Plans to Sell $1 Billion in Stock
Peloton Interactive (NASDAQ: PTON), an American exercise equipment and media company, stock surged Tuesday after it announced plans to sell another USD1 Billion worth of shares. The offering values the shares at a discount to their present trading price, with 23.9 Million shares set to be sold at USD46 each. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”PTON” …