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Peloton Stock Jumps on Report of a Potential Buyout

Peloton Stock Jumps on Report of a Potential Buyout

Peloton Interactive stock was surging Tuesday after CNBC reported that private-equity firms were looking to buy out the at-home fitness company. According to the report, several private-equity firms have been considering a buyout of Peloton as the company works to refinance its debt and cut costs. Peloton told Barron’s that it doesn’t comment on speculation or rumors.